Xcel Energy Inc. Board Increases 2022 Common Dividend 6.6%, Declares Dividend on Common Stock
Xcel Energy Inc. (NASDAQ: XEL) has announced a quarterly dividend increase from 45.75 cents to 48.75 cents per share, marking a 6.6% increase and reflecting a commitment to shareholder returns.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
“Today's 6.6 percent increase in our dividend signals the confidence we have in our investment opportunities and our commitment to provide shareholders an attractive total return profile. In addition, the increase is consistent with our objective to grow our dividend 5-7 percent annually,” said
This information is not given in connection with any sale or offer for sale or offer to buy any securities.
Statements in this press release regarding Xcel Energy’s business which are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company's Annual Report on Form 10-K for the most recently ended fiscal year.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220223006143/en/
Shareholder Services
or
or
Xcel Energy Media Relations Representatives (612) 215-5300
Source: