XEL Dividend History & Analysis | 3.2% Yield

XEL has a dividend yield of 3.2% and paid 2.87 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.21%
Payout Ratio 60.8%
Growth Rate CAGR 5y 11.46%
Consistency Lifetime 97.9%
Yield on Cost 5y 5.38%
Payout FCF 24.4%
Streak Years 41
Dividend Rating 77.40%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 21.7%
Total Return 5y: 49.4%

Top Dividend Payers in Electric Utilities

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
CIG 6,932 M 15.5% 48.3%
ENGI 61,262 M 8.49% 34.3%
ELPC 8,687 M 10.7% 13.2%
EOAN 56,137 M 3.72% 15.8%
RED 9,712 M 4.69% 12.9%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
PCG 41,498 M 254% 75.3%
CEG 116,919 M 40.1% 100%
ENGI 61,262 M 29.3% 84.8%
NEE 191,705 M 10.1% 80.1%
HER 7,017 M 8.06% 98.0%

Quality Dividend Peers in Electric Utilities

ENGI
Engie S.A.
 8.49% Yield
TRN
Terna Rete Elettrica
 4.52% Yield
IBE
Iberdrola S.A.
 3.99% Yield

XEL Dividend History: Last 50 Payments (USD) as of March 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-03-13 2026-03-13 2026-04-20 Quarterly 0.5925 3.9% N/A
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% 0.68%
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% 0.69%
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%
2021-06-14 2021-06-15 2021-07-20 Quarterly 0.458 0% 0.66%
2021-03-12 2021-03-15 2021-04-20 Quarterly 0.458 6.5% N/A
2020-12-22 2020-12-23 2021-01-20 Quarterly 0.43 0% N/A
2020-09-14 2020-09-15 2020-10-20 Quarterly 0.43 0% N/A
2020-06-12 2020-06-15 2020-07-20 Quarterly 0.43 0% N/A
2020-03-12 2020-03-13 2020-04-20 Quarterly 0.43 6.2% N/A
2019-12-24 2019-12-26 2020-01-20 Quarterly 0.405 0% N/A
2019-09-12 2019-09-13 2019-10-20 Quarterly 0.405 0% N/A
2019-06-13 2019-06-14 2019-07-20 Quarterly 0.405 0% N/A
2019-03-14 2019-03-15 2019-04-20 Quarterly 0.405 6.6% N/A
2018-12-27 2018-12-28 2019-01-20 Quarterly 0.38 0% N/A
2018-09-13 2018-09-14 2018-10-20 Quarterly 0.38 0% N/A
2018-06-14 2018-06-15 2018-07-20 Quarterly 0.38 0% N/A
2018-03-14 2018-03-15 2018-04-20 Quarterly 0.38 5.6% N/A
2017-12-27 2017-12-28 2018-01-20 Quarterly 0.36 0% N/A
2017-09-14 2017-09-15 2017-10-20 Quarterly 0.36 0% N/A
2017-06-13 2017-06-15 2017-07-20 Quarterly 0.36 0% N/A
2017-03-13 2017-03-15 2017-04-20 Quarterly 0.36 5.9% N/A
2016-12-22 2016-12-27 2017-01-20 Quarterly 0.34 0% N/A
2016-09-13 2016-09-15 2016-10-20 Quarterly 0.34 0% N/A
2016-06-14 2016-06-16 2016-07-20 Quarterly 0.34 0% N/A
2016-03-11 2016-03-15 2016-04-20 Quarterly 0.34 6.3% N/A
2015-12-22 2015-12-24 2016-01-20 Quarterly 0.32 0% N/A
2015-09-15 2015-09-17 2015-10-20 Quarterly 0.32 0% N/A
2015-06-16 2015-06-18 2015-07-20 Quarterly 0.32 0% N/A
2015-03-13 2015-03-17 2015-04-20 Quarterly 0.32 6.7% N/A
2014-12-23 2014-12-26 2015-01-20 Quarterly 0.3 0% N/A
2014-09-16 2014-09-18 2014-10-20 Quarterly 0.3 0% N/A
2014-06-17 2014-06-19 2014-07-20 Quarterly 0.3 0% N/A
2014-03-18 2014-03-20 2014-04-20 Quarterly 0.3 7.1% N/A
2013-12-24 2013-12-27 2014-01-20 Quarterly 0.28 0% N/A

XEL Dividend FAQ

Xcel Energy Inc. (XEL) is a utility company involved in electricity generation, transmission, distribution, and sales, as well as natural gas sales and transportation. The company operates through regulated electric and natural gas utility segments.

What is the Dividend Yield of XEL?

As of March 2026, XEL`s dividend yield is 3.21%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.87 USD by the current share price of 81.00.

Does XEL pay a dividend?

As of March 2026, XEL paid a dividend of 2.87 USD in the last 12 months. The last dividend was paid on 2026-03-13 and the payout was 0.5925 USD.

How often does XEL pay dividends?

XEL pays dividends quarterly. Over the last 12 months, XEL has issued 5 dividend payments. The last dividend payment was made on 2026-03-13.

XEL dividend forecast

Based on historical data, the forecasted dividends per share for XEL for the next 4 payments are between 0.555 (-6.3%) and 0.571 (-3.6%).
This suggests the dividend will remain relatively stable.

Will XEL pay dividends in 2026?

The latest dividend paid per share was 0.5925 USD with an Ex-Dividend Date of 2026-03-13. The next Ex-Dividend date for Xcel Energy (XEL) is 2026-03-13.

What is the next Ex-Dividend Date for XEL?

The next Ex-Dividend date for Xcel Energy (XEL) is 2026-03-13.

What is the Dividend Growth of XEL?

XEL's average dividend growth rate over the past 5 years is 11.5% 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 5.38%. If you bought XEL's shares at 54.22 USD five years ago, your current annual dividend income (2.87 USD per share, trailing 12 months) equals 5.38% of your original purchase price.

What is the Payout Consistency of XEL?

XEL Payout Consistency is 97.9%. 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 3.21% 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 60.8%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of XEL?

XEL`s Overall Dividend Rating is 77.40%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

XEL Outstanding Shares Analysis

What is the Trend in XEL's Outstanding Shares?

Xcel Energy's outstanding shares have increased by approximately 3.81% annually over the past 3 years (Trend Reliability: 100.0%).

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
1986 125,082,000 -0%
1987 125,082,000
1988 125,082,000
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%

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: 2026-03-12 03:40