Xcel Energy extends 23-year streak of dividend hikes with $2.37 payout

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Xcel Energy’s Board of Directors has increased the quarterly dividend on its common stock to 59.25 cents per share, marking the 23rd consecutive year of dividend hikes. This raise brings the annual dividend rate to $2.37 per share, payable on April 20, 2026, to shareholders of record on March 13, 2026. The company attributes this to its consistent growth strategy and commitment to providing predictable and sustainable dividend increases.

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