Black Hills (BKH) Historical Monthly & Quarterly Returns

Dividend-adjusted returns by month and quarter. Compare performance across years.

2026

Jan+5.1%
Feb+1.9%
Mar5.8%
Apr+6.3%
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

2025

Jan+0.4%
Feb+5.4%
Mar0.9%
Apr+0.4%
May2.9%
Jun4.1%
Jul+3.0%
Aug+4.7%
Sep+3.0%
Oct+3.0%
Nov+17.5%
Dec5.9%

2024

Jan4.1%
Feb+1.8%
Mar+4.9%
Apr+0.5%
May+4.0%
Jun3.7%
Jul+8.6%
Aug+1.2%
Sep+3.4%
Oct3.2%
Nov+9.4%
Dec8.7%

2023

Jan+2.9%
Feb14.3%
Mar+2.8%
Apr+3.5%
May5.7%
Jun1.1%
Jul+0.1%
Aug7.8%
Sep8.0%
Oct4.4%
Nov+8.0%
Dec+4.6%

2022

Jan4.0%
Feb+4.3%
Mar+10.0%
Apr4.9%
May+5.5%
Jun5.1%
Jul+6.1%
Aug1.5%
Sep10.3%
Oct3.5%
Nov+10.6%
Dec1.8%

2021

Jan3.8%
Feb+1.0%
Mar+12.9%
Apr+3.3%
May3.8%
Jun0.3%
Jul+3.1%
Aug+4.8%
Sep10.8%
Oct+5.8%
Nov2.5%
Dec+10.1%

2020

Jan+5.7%
Feb12.5%
Mar11.3%
Apr3.3%
May+0.6%
Jun8.2%
Jul+2.1%
Aug2.2%
Sep4.6%
Oct+5.9%
Nov+8.3%
Dec+1.0%

2019

Jan+8.1%
Feb+5.3%
Mar+4.4%
Apr1.8%
May+5.4%
Jun+2.6%
Jul+1.2%
Aug2.4%
Sep+0.0%
Oct+2.7%
Nov2.2%
Dec+2.6%

2018

Jan7.6%
Feb7.7%
Mar+6.9%
Apr+4.4%
May+3.5%
Jun+5.2%
Jul2.0%
Aug1.1%
Sep1.3%
Oct+2.4%
Nov+12.2%
Dec5.2%

2017

Jan+2.0%
Feb+3.7%
Mar+2.4%
Apr+2.3%
May+2.9%
Jun3.0%
Jul+3.2%
Aug+1.7%
Sep2.2%
Oct5.2%
Nov9.6%
Dec+2.7%

2016

Jan+6.1%
Feb+14.6%
Mar+7.4%
Apr+0.8%
May+0.6%
Jun+4.1%
Jul+0.0%
Aug6.5%
Sep+4.6%
Oct+1.0%
Nov4.3%
Dec+4.4%

2015

Jan5.4%
Feb+2.2%
Mar0.7%
Apr2.3%
May2.2%
Jun8.6%
Jul4.6%
Aug3.6%
Sep+3.9%
Oct+10.8%
Nov5.4%
Dec+8.2%

2014

Jan+4.4%
Feb+4.2%
Mar+1.7%
Apr+0.2%
May+0.5%
Jun+6.4%
Jul14.1%
Aug+2.7%
Sep10.9%
Oct+14.3%
Nov0.6%
Dec1.8%

2013

Jan+11.1%
Feb+4.0%
Mar+5.9%
Apr+6.5%
May+2.0%
Jun+2.7%
Jul+8.8%
Aug8.8%
Sep+3.8%
Oct+1.7%
Nov0.2%
Dec+4.4%

2012

Jan+0.5%
Feb1.7%
Mar+2.1%
Apr1.6%
May1.4%
Jun0.0%
Jul1.0%
Aug+8.7%
Sep+4.0%
Oct+0.6%
Nov+0.8%
Dec+1.8%

2011

Jan+3.4%
Feb+0.6%
Mar+8.5%
Apr+3.9%
May9.7%
Jun3.0%
Jul0.7%
Aug+3.7%
Sep+0.1%
Oct+10.0%
Nov1.8%
Dec+2.6%

2010

Jan2.4%
Feb+8.8%
Mar+8.9%
Apr+8.3%
May11.7%
Jun0.8%
Jul+12.1%
Aug3.6%
Sep+2.6%
Oct+2.0%
Nov3.5%
Dec1.1%

2009

Jan1.7%
Feb31.7%
Mar+0.4%
Apr+11.1%
May+9.5%
Jun+7.5%
Jul+13.1%
Aug0.3%
Sep1.6%
Oct3.2%
Nov1.8%
Dec+13.0%

2008

Jan12.2%
Feb6.9%
Mar+0.1%
Apr+9.1%
May8.8%
Jun9.0%
Jul+0.6%
Aug+5.9%
Sep8.1%
Oct18.7%
Nov+3.6%
Dec+4.5%

2007

Jan+0.3%
Feb2.1%
Mar+2.2%
Apr+8.3%
May+3.8%
Jun3.0%
Jul6.2%
Aug+11.3%
Sep0.4%
Oct+8.3%
Nov5.4%
Dec+5.8%

2006

Jan+2.9%
Feb2.0%
Mar1.7%
Apr+7.1%
May6.2%
Jun+1.5%
Jul+4.4%
Aug1.9%
Sep3.4%
Oct+2.7%
Nov+4.4%
Dec+3.5%

2005

Jan2.9%
Feb+7.5%
Mar+4.3%
Apr+3.6%
May+7.8%
Jun+0.7%
Jul+8.2%
Aug+5.3%
Sep+4.1%
Oct4.1%
Nov11.3%
Dec5.3%

2004

Jan0.2%
Feb+3.8%
Mar+4.1%
Apr4.1%
May3.2%
Jun+7.5%
Jul12.3%
Aug+2.1%
Sep0.2%
Oct+6.0%
Nov+5.3%
Dec0.1%

2003

Jan8.6%
Feb1.2%
Mar+16.4%
Apr+3.6%
May+6.7%
Jun+2.2%
Jul0.1%
Aug+6.7%
Sep4.8%
Oct+4.3%
Nov+1.2%
Dec7.5%

2002

Jan14.7%
Feb3.2%
Mar+21.0%
Apr+4.1%
May+2.4%
Jun2.3%
Jul26.4%
Aug+8.2%
Sep3.9%
Oct+0.6%
Nov0.7%
Dec+2.6%

2001

Jan14.6%
Feb+3.8%
Mar+16.2%
Apr+12.4%
May+7.4%
Jun26.7%
Jul+1.9%
Aug21.9%
Sep3.9%
Oct10.1%
Nov+13.1%
Dec+10.1%

2000

Jan+7.9%
Feb7.1%
Mar+0.2%
Apr+4.0%
May+5.5%
Jun5.8%
Jul+2.8%
Aug+11.1%
Sep+10.0%
Oct+11.4%
Nov+10.2%
Dec+31.1%

1999

Jan5.9%
Feb8.4%
Mar5.3%
Apr+6.2%
May+2.7%
Jun+0.6%
Jul+8.6%
Aug0.3%
Sep5.8%
Oct3.5%
Nov1.6%
Dec+1.4%

1998

Jan6.7%
Feb+0.7%
Mar+6.2%
Apr9.8%
May+6.0%
Jun+4.8%
Jul+4.3%
Aug2.1%
Sep+15.6%
Oct4.6%
Nov2.5%
Dec+6.6%

1997

Jan1.3%
Feb+1.4%
Mar5.5%
Apr+7.2%
May+3.6%
Jun1.0%
Jul+1.1%
Aug2.1%
Sep+5.2%
Oct+2.8%
Nov+6.9%
Dec+10.8%

1996

Jan+3.0%
Feb+2.5%
Mar5.9%
Apr+3.0%
May2.2%
Jun+3.0%
Jul7.6%
Aug+10.5%
Sep+3.4%
Oct1.5%
Nov+2.4%
Dec+9.3%

1995

Jan+3.0%
Feb+8.4%
Mar4.2%
Apr2.3%
May+0.0%
Jun2.8%
Jul+14.3%
Aug+2.5%
Sep+1.0%
Oct+2.5%
Nov0.2%
Dec+0.0%

1994

Jan1.2%
Feb3.0%
Mar1.5%
Apr+4.2%
May3.8%
Jun11.9%
Jul+9.4%
Aug+4.6%
Sep4.1%
Oct+3.2%
Nov2.9%
Dec+8.8%

1993

Jan2.1%
Feb2.0%
Mar1.1%
Apr2.9%
May+3.7%
Jun1.6%
Jul+0.0%
Aug+5.9%
Sep1.5%
Oct6.3%
Nov4.9%
Dec0.5%

1992

Jan4.9%
Feb+8.2%
Mar3.7%
Apr+11.0%
May+3.8%
Jun6.0%
Jul1.2%
Aug0.6%
Sep+2.3%
Oct6.6%
Nov6.4%
Dec+10.6%

1991

Jan+1.6%
Feb+8.5%
Mar+5.8%
Apr+7.7%
May6.1%
Jun2.7%
Jul+6.1%
Aug+9.5%
Sep2.2%
Oct7.4%
Nov+11.4%
Dec+6.9%

1990

Jan6.1%
Feb+3.5%
Mar+4.1%
Apr2.9%
May+1.5%
Jun+2.2%
Jul+3.9%
Aug3.8%
Sep6.0%
Oct1.1%
Nov+11.5%
Dec+6.8%

1989

Jan+6.5%
Feb2.0%
Mar0.4%
Apr+1.3%
May+0.8%
Jun+9.4%
Jul+2.6%
Aug3.3%
Sep0.4%
Oct4.2%
Nov+3.9%
Dec+4.9%

1988

Jan+3.5%
Feb+4.3%
Mar+6.0%
Apr1.3%
May+0.9%
Jun+7.4%
Jul0.4%
Aug0.8%
Sep+0.0%
Oct+1.2%
Nov4.5%
Dec2.1%

1987

Jan+8.4%
Feb4.1%
Mar2.2%
Apr8.8%
May+9.6%
Jun+8.2%
Jul+0.5%
Aug+8.1%
Sep4.7%
Oct3.4%
Nov6.6%
Dec+9.8%

1986

Jan+6.3%
Feb+15.9%
Mar5.6%
Apr+3.8%
May3.6%
Jun+1.6%
Jul+10.6%
Aug+0.5%
Sep8.6%
Oct+4.7%
Nov8.0%
Dec3.2%

1985

Jan+3.0%
Feb+4.9%
Mar+2.8%
Apr+2.7%
May+12.3%
Jun2.3%
Jul+0.8%
Aug+6.3%
Sep1.5%
Oct0.8%
Nov+6.1%
Dec+15.1%

1984

Jan+2.8%
Feb2.2%
Mar7.8%
Apr+6.7%
May3.5%
Jun+0.6%
Jul+1.7%
Aug+1.2%
Sep+3.3%
Oct+6.7%
Nov+5.0%
Dec+5.3%

1983

Jan1.6%
Feb+11.5%
Mar2.3%
Apr+9.0%
May0.7%
Jun6.6%
Jul+14.2%
Aug7.3%
Sep+7.9%
Oct+3.1%
Nov0.6%
Dec+7.8%

1982

Jan+2.0%
Feb1.1%
Mar4.7%
Apr+10.6%
May+1.1%
Jun+2.5%
Jul+1.1%
Aug+0.0%
Sep+4.9%
Oct+4.0%
Nov+6.4%
Dec+10.0%

1981

Jan5.2%
Feb3.0%
Mar1.1%
Apr1.5%
May+4.3%
Jun2.2%
Jul+1.1%
Aug5.7%
Sep4.0%
Oct0.4%
Nov+1.7%
Dec+5.8%

1980

Jan+1.7%
Feb5.4%
Mar13.9%
Apr+11.2%
May0.7%
Jun+12.4%
Jul3.3%
Aug4.1%
Sep+1.1%
Oct+0.0%
Nov2.1%
Dec+4.0%

1979

Jan+5.0%
Feb+1.7%
Mar4.0%
Apr3.5%
May2.9%
Jun+0.0%
Jul+8.2%
Aug+3.8%
Sep3.7%
Oct9.7%
Nov+2.3%
Dec+9.4%

1978

Jan4.2%
Feb4.4%
Mar+9.2%
Apr+0.0%
May+16.1%
Jun5.0%
Jul+11.5%
Aug0.6%
Sep+2.8%
Oct20.7%
Nov+9.6%
Dec2.5%

1977

Jan+7.1%
Feb+2.1%
Mar+8.5%
Apr+5.6%
May15.2%
Jun+1.7%
Jul+7.0%
Aug+0.0%
Sep6.5%
Oct1.6%
Nov+10.0%
Dec1.1%

1976

Jan+16.0%
Feb5.6%
Mar10.0%
Apr2.0%
May+7.8%
Jun3.8%
Jul+1.5%
Aug+6.9%
Sep+4.1%
Oct3.1%
Nov7.3%
Dec+11.3%

1975

Jan+12.5%
Feb+3.3%
Mar3.2%
Apr+3.3%
May+1.3%
Jun+23.1%
Jul4.1%
Aug3.2%
Sep+3.3%
Oct+2.6%
Nov+1.0%
Dec+2.0%

1974

Jan+4.3%
Feb+1.5%
Mar+1.0%
Apr12.1%
May4.6%
Jun1.8%
Jul8.5%
Aug7.3%
Sep7.9%
Oct+12.5%
Nov5.6%
Dec+0.0%

1973

Jan
Feb+1.6%
Mar5.2%
Apr2.2%
May3.4%
Jun+2.3%
Jul1.1%
Aug3.4%
Sep+12.5%
Oct+0.0%
Nov7.4%
Dec+6.3%

Avg

Jan+0.5%
Feb+0.4%
Mar+1.5%
Apr+2.4%
May+0.8%
Jun0.2%
Jul+1.8%
Aug+0.6%
Sep0.5%
Oct+0.2%
Nov+1.4%
Dec+4.1%

Median

Jan+1.6%
Feb+1.6%
Mar+0.7%
Apr+3.3%
May+0.9%
Jun0.3%
Jul+1.5%
Aug+0.0%
Sep0.4%
Oct+0.6%
Nov0.2%
Dec+4.4%

Win %

Jan57%
Feb59%
Mar56%
Apr67%
May58%
Jun45%
Jul66%
Aug47%
Sep45%
Oct53%
Nov49%
Dec70%

Frequently asked questions

What is the best performing month for Black Hills (BKH) stock?

Historically, December is the best performing month for Black Hills (BKH) stock with an average return of +4.13%.

What is the worst performing month for Black Hills (BKH) stock?

Historically, September is the worst performing month for Black Hills (BKH) stock with an average return of 0.46%.

What is the best performing quarter for Black Hills (BKH) stock?

Historically, Q4 is the best performing quarter for Black Hills (BKH) stock with an average return of +5.71%.

What is the worst performing quarter for Black Hills (BKH) stock?

Historically, Q3 is the worst performing quarter for Black Hills (BKH) stock with an average return of +1.89%.

What is the best performing year for Black Hills (BKH) stock?

Historically, 2000 is the best performing year for Black Hills (BKH) stock with a return of +110.32%.

What is the worst performing year for Black Hills (BKH) stock?

Historically, 2008 is the worst performing year for Black Hills (BKH) stock with a return of 36.19%.

Which month has the highest win rate for Black Hills (BKH) stock?

Historically, December has the highest win rate for Black Hills (BKH) stock — positive in 70% of years.

Which month has the lowest win rate for Black Hills (BKH) stock?

Historically, June has the lowest win rate for Black Hills (BKH) stock — positive in 45% of years.

Which quarter has the highest win rate for Black Hills (BKH) stock?

Historically, Q4 has the highest win rate for Black Hills (BKH) stock — positive in 70% of years.

Which quarter has the lowest win rate for Black Hills (BKH) stock?

Historically, Q3 has the lowest win rate for Black Hills (BKH) stock — positive in 58% of years.

Data & methodology

How are returns calculated?

We compare the closing price at the end of each period (month or quarter) with the closing price at the end of the previous period. The return is the percentage change. All prices are adjusted for dividends and stock splits. Based on historical prices from our data provider.

What is average vs median?

Average is the arithmetic mean of returns for each period across years. Median is the middle value. Both exclude empty cells. Use median to reduce impact of outliers.

What does the heatmap show?

Green cells indicate positive returns, red cells indicate negative returns. The darker the color, the stronger the move. Average and Median rows summarize each column across years.

What is Win %?

Percentage of years when the period had a positive return. For example, 80% for January means January was positive in 80% of the years in the selected range.