Xcel Energy (XEL) Dividend History & Yield
Xcel Energy (XEL) has increased its dividend for 2 consecutive years and currently yields 2.85%. The most recent payment was $0.5925/share on Mar 13, 2026, paid Quarterly.
XEL
Current Yield
2.85%
TTM Dividend/Share
$2.30
Payment Frequency
Quarterly
Payout Ratio
82.2%
Consecutive Growth Years
2
Div Growth (1Y CAGR)
72.15%
Div Growth (5Y CAGR)
10.45%
Div Growth (10Y CAGR)
8.25%
Dividend Safety Score
3 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 82.2%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($8.95) covers dividend/share ($2.30).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 2 consecutive year(s) of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Mar 13, 2026
- Payment date
- Apr 20, 2026
- Dividend
- $0.5925
- Adj. dividend
- $0.5925
- Yield (ex-date)
- 2.81%
Ex-date Dec 29, 2025
- Payment date
- Jan 20, 2026
- Dividend
- $0.5700
- Adj. dividend
- $0.5700
- Yield (ex-date)
- 3.08%
Ex-date Sep 15, 2025
- Payment date
- Oct 20, 2025
- Dividend
- $0.5700
- Adj. dividend
- $0.5700
- Yield (ex-date)
- 3.09%
Ex-date Jun 13, 2025
- Payment date
- Jul 20, 2025
- Dividend
- $0.5700
- Adj. dividend
- $0.5700
- Yield (ex-date)
- 3.31%
Ex-date Mar 14, 2025
- Payment date
- Apr 20, 2025
- Dividend
- $0.5700
- Adj. dividend
- $0.5700
- Yield (ex-date)
- 3.17%
Ex-date Jan 6, 2025
- Payment date
- Jan 20, 2025
- Dividend
- $0.5475
- Adj. dividend
- $0.5475
- Yield (ex-date)
- 3.36%
Ex-date Sep 13, 2024
- Payment date
- Oct 20, 2024
- Dividend
- $0.5475
- Adj. dividend
- $0.5475
- Yield (ex-date)
- 3.39%
Ex-date Jun 14, 2024
- Payment date
- Jul 20, 2024
- Dividend
- $0.5475
- Adj. dividend
- $0.5475
- Yield (ex-date)
- 3.97%
Ex-date Mar 14, 2024
- Payment date
- Apr 20, 2024
- Dividend
- $0.5475
- Adj. dividend
- $0.5475
- Yield (ex-date)
- 4.06%
Ex-date Dec 27, 2023
- Payment date
- Jan 20, 2024
- Dividend
- $0.5200
- Adj. dividend
- $0.5200
- Yield (ex-date)
- 3.38%
Ex-date Sep 14, 2023
- Payment date
- Oct 20, 2023
- Dividend
- $0.5200
- Adj. dividend
- $0.5200
- Yield (ex-date)
- 3.49%
Ex-date Jun 14, 2023
- Payment date
- Jul 20, 2023
- Dividend
- $0.5200
- Adj. dividend
- $0.5200
- Yield (ex-date)
- 3.22%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Mar 13, 2026 | Apr 20, 2026 | $0.5925 | $0.5925 | 2.81% |
| Dec 29, 2025 | Jan 20, 2026 | $0.5700 | $0.5700 | 3.08% |
| Sep 15, 2025 | Oct 20, 2025 | $0.5700 | $0.5700 | 3.09% |
| Jun 13, 2025 | Jul 20, 2025 | $0.5700 | $0.5700 | 3.31% |
| Mar 14, 2025 | Apr 20, 2025 | $0.5700 | $0.5700 | 3.17% |
| Jan 6, 2025 | Jan 20, 2025 | $0.5475 | $0.5475 | 3.36% |
| Sep 13, 2024 | Oct 20, 2024 | $0.5475 | $0.5475 | 3.39% |
| Jun 14, 2024 | Jul 20, 2024 | $0.5475 | $0.5475 | 3.97% |
| Mar 14, 2024 | Apr 20, 2024 | $0.5475 | $0.5475 | 4.06% |
| Dec 27, 2023 | Jan 20, 2024 | $0.5200 | $0.5200 | 3.38% |
| Sep 14, 2023 | Oct 20, 2023 | $0.5200 | $0.5200 | 3.49% |
| Jun 14, 2023 | Jul 20, 2023 | $0.5200 | $0.5200 | 3.22% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Xcel Energy has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 2 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $2.8275 | — | — |
| 2025 | $1.6425 | $2.8275 | +72.1% |
| 2024 | $2.0800 | $1.6425 | -21.0% |
| 2023 | $1.9500 | $2.0800 | +6.7% |
| 2022 | $1.8300 | $1.9500 | +6.6% |
| 2021 | $1.7200 | $1.8300 | +6.4% |
| 2020 | $1.6200 | $1.7200 | +6.2% |
| 2019 | $1.5200 | $1.6200 | +6.6% |
| 2018 | $1.4400 | $1.5200 | +5.6% |
| 2017 | $1.3600 | $1.4400 | +5.9% |
| 2016 | $1.2800 | $1.3600 | +6.3% |
| 2015 | $1.2000 | $1.2800 | +6.7% |
| 2014 | $1.1100 | $1.2000 | +8.1% |
| 2013 | $1.0700 | $1.1100 | +3.7% |
| 2012 | $1.0325 | $1.0700 | +3.6% |
| 2011 | $1.0025 | $1.0325 | +3.0% |
| 2010 | $0.9725 | $1.0025 | +3.1% |
| 2009 | $0.9425 | $0.9725 | +3.2% |
| 2008 | $0.9125 | $0.9425 | +3.3% |
| 2007 | $0.8825 | $0.9125 | +3.4% |
| 2006 | $0.8525 | $0.8825 | +3.5% |
| 2005 | $0.8100 | $0.8525 | +5.2% |
| 2004 | $0.7500 | $0.8100 | +8.0% |
| 2003 | $1.1250 | $0.7500 | -33.3% |
| 2002 | $1.5000 | $1.1250 | -25.0% |
| 2001 | $1.4818 | $1.5000 | +1.2% |
| 2000 | $1.4450 | $1.4818 | +2.5% |
| 1999 | $1.4250 | $1.4450 | +1.4% |
| 1998 | $1.4025 | $1.4250 | +1.6% |
| 1997 | $1.3725 | $1.4025 | +2.2% |
| 1996 | $1.3425 | $1.3725 | +2.2% |
| 1995 | $1.3125 | $1.3425 | +2.3% |
| 1994 | $1.2825 | $1.3125 | +2.3% |
| 1993 | $1.2475 | $1.2825 | +2.8% |
| 1992 | $1.1975 | $1.2475 | +4.2% |
| 1991 | $1.1475 | $1.1975 | +4.4% |
| 1990 | $1.0975 | $1.1475 | +4.6% |
| 1989 | $1.0475 | $1.0975 | +4.8% |
| 1988 | $0.9950 | $1.0475 | +5.3% |
| 1987 | $0.9325 | $0.9950 | +6.7% |
| 1986 | — | $0.9325 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Xcel Energy pay dividends?
- Yes, Xcel Energy (XEL) pays quarterly dividends of approximately $2.30 per share annually, yielding 2.85%.
What is Xcel Energy's dividend yield?
- Xcel Energy (XEL) has a current dividend yield of 2.85%.
Is Xcel Energy's dividend safe?
- Xcel Energy (XEL) passes 3 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Xcel Energy increased its dividend?
- Xcel Energy (XEL) has 2 consecutive years of dividend increases.
What is Xcel Energy's dividend payout ratio?
- Xcel Energy (XEL) has a dividend payout ratio of 82.2%.