XEL Dividend History & Analysis | 3% Yield

XEL has a dividend yield of 3% and paid 2.33 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.04%
Payout Ratio 60.3%
Growth Rate CAGR 5y 5.3%
Consistency Lifetime 96.5%
Yield on Cost 5y 4%
Payout FCF -
Streak Years 1
Dividend Rating 59.6%
Chowder Number yield + growth 8.3% below 12% target for healthy growth
Yield vs Average 5y +0.9% avg 3.01% vs now 3.04%
Debt / EBITDA leverage 6.4x elevated
Income per 10k invested 304 USD per year
Dividends Cash Amount per Share Yearly XEL annual dividends paid per share, showing the total cash Xcel Energy distributed to shareholders each year.
Dividend Growth Year over Year XEL year-over-year dividend growth rate, showing how Xcel Energy's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History XEL dividend yield history versus share price over the past 5 years, showing how Xcel Energy's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Electric Utilities

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
CIG NYSE
Companhia Energetica de
6,122 M 10.67% 36.06%
ELPC NYSE
Companhia Paranaense de
8,812 M 8.16% 12.03%
ENGI PA
Engie S.A.
80,308 M 4.87% 17.34%
ENEL MI
Enel
115,127 M 5.13% 8.37%
EIX NYSE
Edison International
29,725 M 5.39% 7.66%
IRE MI
Iren
3,783 M 5.48% 7.20%
RED MC
Redeia Corporacion S.A.
9,678 M 5.36% 6.26%
A2A MI
A2A S.p.A
8,274 M 4.80% 7.37%
TRN MI
Terna Rete Elettrica
23,332 M 4.07% 7.30%
EDP LS
EDP - Energias de Portugal
21,438 M 4.66% 5.83%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
PCG NYSE
PG&E
47,009 M 127.67% 87.5%
ELPC NYSE
Companhia Paranaense de
8,812 M 115.99% 100.0%
CEG NASDAQ
Constellation Energy
97,971 M 29.85% 100.0%
NEE NYSE
Nextera Energy
183,533 M 10.05% 100.0%
ANA MC
Acciona
15,224 M 8.61% 100.0%
TRN MI
Terna Rete Elettrica
23,332 M 9.06% 100.0%
OTTR NASDAQ
Otter Tail
3,834 M 8.18% 100.0%
NRG NYSE
NRG Energy
27,766 M 7.89% 100.0%
HER MI
Hera S.p.A
6,579 M 7.86% 100.0%
IRE MI
Iren
3,783 M 7.45% 100.0%

XEL Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan 0.17% 20
Feb - -
Mar 0.83% 100
Apr - -
May - -
Jun 0.83% 100
Jul - -
Aug - -
Sep 0.78% 100
Oct - -
Nov - -
Dec 0.60% 80

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-15 2026-06-15 2026-07-20 Quarterly 0.593 0% 0.76%
2026-03-13 2026-03-13 2026-04-20 Quarterly 0.593 +4% 0.73%
2025-12-29 2025-12-29 2026-01-20 Quarterly 0.57 0% 0.77%
2025-09-15 2025-09-15 2025-10-20 Quarterly 0.57 0% 0.78%
2025-06-13 2025-06-13 2025-07-20 Quarterly 0.57 0% 0.83%
2025-03-14 2025-03-14 2025-04-20 Quarterly 0.57 +4% 0.84%
2025-01-06 2025-01-06 2025-01-20 Quarterly 0.548 0% 0.83%
2024-09-13 2024-09-13 2024-10-20 Quarterly 0.548 0% 0.86%
2024-06-14 2024-06-14 2024-07-20 Quarterly 0.548 0% 1.02%
2024-03-14 2024-03-15 2024-04-20 Quarterly 0.548 +5.4% 1.08%
2023-12-27 2023-12-28 2024-01-20 Quarterly 0.52 0% 0.84%
2023-09-14 2023-09-15 2023-10-20 Quarterly 0.52 0% 0.9%
2023-06-14 2023-06-15 2023-07-20 Quarterly 0.52 0% 0.83%
2023-03-14 2023-03-15 2023-04-20 Quarterly 0.52 +6.6% 0.8%
2022-12-28 2022-12-29 2023-01-20 Quarterly 0.488 0% 0.69%
2022-09-14 2022-09-15 2022-10-20 Quarterly 0.488 0% 0.65%
2022-06-14 2022-06-15 2022-07-20 Quarterly 0.488 0% 0.72%
2022-03-14 2022-03-15 2022-04-20 Quarterly 0.488 +6.6% 0.7%
2021-12-21 2021-12-22 2022-01-20 Quarterly 0.458 0% 0.68%
2021-09-14 2021-09-15 2021-10-20 Quarterly 0.458 0% 0.68%

XEL Dividend FAQ

What is the Dividend Yield of XEL?

As of July 2026, XEL's dividend yield is 3.04%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.33 USD by the current share price of 80.71.

Does XEL pay a dividend?

As of July 2026, XEL paid a dividend of 2.33 USD in the last 12 months. The last dividend was paid on 2026-06-15 and the payout was 0.593 USD.

How often does XEL pay dividends?

XEL pays dividends quarterly. Over the last 12 months, XEL has issued 4 dividend payments. The last dividend payment was made on 2026-06-15.

XEL dividend forecast

Based on historical data, the forecasted dividends per share for XEL for the next payments are between 0.586 (-1.2%) and 0.614 (+3.5%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 2.96%.

Will XEL pay dividends in 2026?

The latest dividend paid per share was 0.593 USD with an Ex-Dividend Date of 2026-06-15. The next Ex-Dividend date for Xcel Energy (XEL) is currently unknown.

What is the next Ex-Dividend Date for XEL?

The next Ex-Dividend date for Xcel Energy (XEL) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of XEL?

XEL's average dividend growth rate over the past 5 years is 5.30% per year. Strong growth: XEL's dividend growth is outpacing inflation.

What is the Yield on Cost of XEL?

XEL's 5-Year Yield on Cost is 3.97%. If you bought XEL's shares at 58.65 USD five years ago, your current annual dividend income (2.33 USD per share, trailing 12 months) equals 3.97% of your original purchase price.

What is the Payout Consistency of XEL?

XEL Payout Consistency is 96.5%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Xcel Energy has a strong track record of consistent dividend payments over its lifetime.

Does XEL have a good Dividend Yield?

XEL's 3.04% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of XEL?

The Dividend Payout Ratio of XEL is 60.3%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of XEL?

XEL's Overall Dividend Rating is 59.56%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

XEL Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in XEL's Outstanding Shares?

Xcel Energy's outstanding shares have increased by approximately 5.58% annually over the past 3 years (Trend Reliability: 92.6%). Watch carefully: The company is issuing new shares, diluting existing shareholders. Dividend growth may lag earnings growth as payouts are spread across more shares.

Has XEL ever had a Stock Split?

Yes, the last stock split was on Jun 2, 1998 with a ratio of 2:1. This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 125,084,000 0%
1986 125,082,000 -0%
1987 125,082,000 0%
1988 125,082,000 0%
1989 125,510,200 +0.34%
1990 124,363,600 -0.91%
1991 123,768,100 -0.48%
1992 123,658,500 -0.09%
1993 133,404,300 +7.88%
1994 132,653,100 -0.56%
1995 136,383,000 +2.81%
1996 137,333,300 +0.7%
1997 147,837,800 +7.65%
1998 150,588,200 +1.86%
1999 155,906,000 +3.53%
2000 341,472,000 +119.02%
2001 354,172,000 +3.72%
2002 398,714,000 +12.58%
2003 421,921,000 +5.82%
2004 424,449,000 +0.6%
2005 427,461,000 +0.71%
2006 432,054,000 +1.07%
2007 434,853,000 +0.65%
2008 455,952,000 +4.85%
2009 459,697,000 +0.82%
2010 484,301,000 +5.35%
2011 486,991,000 +0.56%
2012 489,136,000 +0.44%
2013 498,802,000 +1.98%
2014 506,799,000 +1.6%
2015 508,738,000 +0.38%
2016 509,421,000 +0.13%
2017 509,000,000 -0.08%
2018 515,000,000 +1.18%
2019 526,000,000 +2.14%
2020 532,000,000 +1.14%
2021 542,000,000 +1.88%
2022 549,000,000 +1.29%
2023 554,000,000 +0.91%
2024 576,000,000 +3.97%
2025 597,000,000 +3.65%
2026 626,000,000 +4.86%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-24 02:38 UTC