Black Hills Dividends and Buybacks
Dividend criteria checks 4/6
Black Hills is a dividend paying company with a current yield of 4.07% that is well covered by earnings. Next payment date is on 1st December, 2024 with an ex-dividend date of 18th November, 2024.
Key information
4.1%
Dividend yield
-4.2%
Buyback Yield
| Total Shareholder Yield | -0.1% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 3.8% |
| Next dividend pay date | 01 Dec 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | €2.388 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BHI's dividends per share have been stable in the past 10 years.
Growing Dividend: BHI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Black Hills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BHI) | 4.1% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Integrated Utilities) | 5.9% |
| Analyst forecast (BHI) (up to 3 years) | 4.4% |
Notable Dividend: BHI's dividend (4.07%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: BHI's dividend (4.07%) is low compared to the top 25% of dividend payers in the German market (4.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.6%), BHI's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (206.3%), BHI's dividend payments are not well covered by cash flows.