EU and US could reach trade deal this weekend - Reuters
MINNEAPOLIS - Xcel Energy Inc. (NASDAQ: XEL), a leading utility company, has declared a quarterly dividend of 57 cents per common share, payable on July 20, 2025, to shareholders on record as of June 13, 2025. The announcement was made by the company’s Board of Directors earlier today. According to InvestingPro data, Xcel Energy has maintained dividend payments for 54 consecutive years, with a current dividend yield of 3.15%.
The Minneapolis-based energy provider serves approximately 3.9 million electricity customers and 2.2 million natural gas customers across eight Western and Midwestern states. With a market capitalization of $40.3 billion and a P/E ratio of 20.6, Xcel Energy is known for its wide range of energy-related products and services delivered through its regulated operating companies. InvestingPro analysis indicates the company’s overall financial health score is FAIR, with particularly strong price momentum metrics.
The dividend declaration is a routine part of the company’s financial operations, reflecting its commitment to delivering value to its shareholders. Dividends are a way for companies to distribute a portion of their earnings back to shareholders, and the amount declared can be an indicator of a company’s financial health and stability. Analyst consensus from InvestingPro shows strong confidence in the company’s future performance, with price targets ranging from $62 to $80 per share. Get access to 7 more exclusive ProTips and comprehensive financial analysis with an InvestingPro subscription.
It is important to note that this press release contains forward-looking statements concerning Xcel Energy’s business operations that involve certain risks and uncertainties. These statements are not historical facts but predictions based on current expectations, estimates, and projections about the industry in which Xcel Energy operates. Actual results may differ materially from the outcomes predicted in these forward-looking statements. For a detailed discussion of such risks and uncertainties, interested parties are referred to the "Risk Factors" section in the company’s Annual Report on Form 10-K for the most recently ended fiscal year, and can access comprehensive analysis through the Pro Research Report available exclusively on InvestingPro.
This dividend announcement is not associated with any offer to sell or solicitation of an offer to buy securities. The information is provided for current and potential investors to stay informed about the company’s financial distributions.
The declaration is based on a press release statement from Xcel Energy and does not imply any promotion of the company or its services.
In other recent news, Xcel Energy reported its first-quarter 2025 earnings, revealing earnings per share (EPS) of $0.84, which fell short of the forecasted $0.93. Revenue was also below expectations at $3.91 billion, compared to the anticipated $3.93 billion. Despite the earnings miss, Xcel Energy reaffirmed its full-year 2025 earnings guidance, emphasizing its ongoing investments in renewable energy and infrastructure. Analysts from Mizuho and Evercore ISI have maintained their Outperform ratings on Xcel Energy, with Mizuho raising its stock price target to $74 and Evercore ISI adjusting it to $77. These revisions reflect confidence in Xcel Energy’s ability to manage potential wildfire liabilities and deliver strong financial performance. Meanwhile, Southwestern Public Service Co., a subsidiary of Xcel Energy, issued $500 million in bonds to support its capital structure and operations. This issuance underscores the company’s access to capital markets and investor trust in its financial health. These developments provide investors with key insights into Xcel Energy’s financial strategies and market positioning.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.