Xcel Energy Inc. (XEL) To Go Ex-Dividend on December 29th

Xcel Energy Inc. (NASDAQ:XEL) announced a quarterly dividend on Wednesday, December 17th. Shareholders of record on Monday, December 29th will be given a dividend of 0.57 per share on Tuesday, January 20th. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Monday, December 29th.

Xcel Energy has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 22 years. Xcel Energy has a payout ratio of 55.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Xcel Energy to earn $4.14 per share next year, which means the company should continue to be able to cover its $2.28 annual dividend with an expected future payout ratio of 55.1%.

Xcel Energy Trading Up 0.4%

Shares of NASDAQ:XEL opened at $74.42 on Friday. The company has a market capitalization of $44.02 billion, a PE ratio of 22.69, a P/E/G ratio of 2.19 and a beta of 0.45. The company has a current ratio of 0.79, a quick ratio of 0.69 and a debt-to-equity ratio of 1.51. Xcel Energy has a 12-month low of $62.58 and a 12-month high of $83.01. The business’s fifty day simple moving average is $78.56 and its 200-day simple moving average is $74.75.

Xcel Energy (NASDAQ:XEL) last released its quarterly earnings results on Wednesday, October 29th. The company reported $1.24 EPS for the quarter, missing the consensus estimate of $1.32 by ($0.08). Xcel Energy had a net margin of 13.46% and a return on equity of 10.45%. The firm had revenue of $3.92 billion for the quarter, compared to analysts’ expectations of $3.89 billion. During the same period in the previous year, the company posted $1.25 earnings per share. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. As a group, equities research analysts predict that Xcel Energy will post 3.82 earnings per share for the current fiscal year.

Xcel Energy Company Profile

Xcel Energy (NASDAQ: XEL) is a Minneapolis-based, publicly traded utility holding company that develops, owns and operates regulated electricity and natural gas delivery systems. The company’s core activities include generation, transmission and distribution of electricity, the delivery of natural gas to customers, and related customer service operations. Xcel provides a mix of utility services to residential, commercial and industrial customers and participates in wholesale energy markets where appropriate.

Its generation portfolio combines nuclear, natural gas, coal and a growing share of renewable resources such as wind and solar.