MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) announced today that Timothy O'Connor, executive vice president, chief operations officer, will retire from the company this summer after nearly two decades of service. In accordance with the company's succession planning process, two internal executive appointments were announced, which will be effective May 1: Scott Sharp will be na...
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Xcel Energy Inc. (NASDAQ: XEL) today raised the quarterly dividend on the company's common stock from 54.75 cents per share to 57 cents per share, which is equivalent to an annual rate of $2.28 per share. The dividends are payable April 20, 2025, to shareholders of record on March 14, 2025. “Today's dividend increase of 4.1% marks the twen...
Xcel Energy is expected to announce its 22nd consecutive annual dividend hike, showcasing its commitment to consistent dividend growth and shareholder value. XEL is positioned for 6%-8% annual EPS growth, supported by robust financials, investment-grade credit ratings, and a $45 billion capital spending plan through 2029. Despite recent revenue and EPS misses, XEL's long-term growth prospects r...
Xcel Energy reported an increase in fourth-quarter profit on Thursday, as the utility firm benefited from higher electricity rates and lower operating expenses.
MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) today reported 2024 GAAP earnings of $1.94 billion, or $3.44 per share, compared with $1.77 billion, or $3.21 per share in the same period in 2023 and ongoing earnings of $1.97 billion, or $3.50 per share, compared with $1.85 billion, or $3.35 per share in the same period in 2023. See Note 6 for reconciliation from GAAP to ongoing ear...
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