Black Hills Corporation (BKH) Dividend History
BKH latest dividend
$0.70last dividend per share
Ex-dividend dateAug 17Monday, 2026
Payment dateSep 1Tuesday, 2026
The next dividend has not been announced yet.
- 40 yearsof dividend increases
- 1985paying since
- Quarterly4 payments a year
- +4.5%5-year growth a year
- 3.67%forward yield
BKH dividend income calculator
- Dividend income a year
- $281
- Each payment
- $70
- Value of the shares
- $7,663
- Dividend yield
- 3.67%
At the latest close; forward annual dividend $2.81 per share, before tax.
BKH dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
BKH dividend safety
Payout ratio (earnings)66.5%
Stretched · of trailing twelve-month earnings paid as dividends
Dividend growth (5 years)+4.5%
Slow growth · a year on average
Years of increases40
Long record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
BKH yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $63.09 | 4.45% | $2.79 | 4.4% |
| 3 years ago | $50.15 | 5.60% | $8.04 | 16.0% |
| 5 years ago | $63.87 | 4.40% | $12.92 | 20.2% |
| 10 years ago | $58.91 | 4.77% | $22.99 | 39.0% |
| 20 years ago | $34.67 | 8.10% | $37.85 | 109.2% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
BKH dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
BKH dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $2.70 | +4.0% | 3.90% | 4 |
| 2024 | $2.60 | +4.0% | 4.44% | 4 |
| 2023 | $2.50 | +3.7% | 4.63% | 4 |
| 2022 | $2.41 | +5.2% | 3.43% | 4 |
| 2021 | $2.29 | +5.5% | 3.25% | 4 |
| 2020 | $2.17 | +5.9% | 3.53% | 4 |
| 2019 | $2.05 | +6.2% | 2.61% | 4 |
| 2018 | $1.93 | +6.6% | 3.07% | 4 |
| 2017 | $1.81 | +7.7% | 3.01% | 4 |
| 2016 | $1.68 | +3.7% | 2.74% | 4 |
| 2015 | $1.62 | +3.8% | 3.49% | 4 |
| 2014 | $1.56 | +2.6% | 2.94% | 4 |
| 2013 | $1.52 | +2.7% | 2.89% | 4 |
| 2012 | $1.48 | +1.4% | 4.07% | 4 |
| 2011 | $1.46 | +1.4% | 4.35% | 4 |
| 2010 | $1.44 | +1.4% | 4.80% | 4 |
| 2009 | $1.42 | +1.4% | 5.33% | 4 |
| 2008 | $1.40 | +2.2% | 5.19% | 4 |
| 2007 | $1.37 | +3.8% | 3.11% | 4 |
| 2006 | $1.32 | — | 3.57% | 4 |
BKH dividend history
167 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-08-17 | 2026-09-01 | $0.703 | — | Quarterly |
| 2026-05-15 | 2026-06-01 | $0.703 | — | Quarterly |
| 2026-02-17 | 2026-03-01 | $0.703 | +4.0% | Quarterly |
| 2025-11-17 | 2025-12-01 | $0.676 | — | Quarterly |
| 2025-08-18 | 2025-09-02 | $0.676 | — | Quarterly |
| 2025-05-16 | 2025-06-01 | $0.676 | — | Quarterly |
| 2025-02-18 | 2025-03-01 | $0.676 | +4.0% | Quarterly |
| 2024-11-18 | 2024-12-01 | $0.65 | — | Quarterly |
| 2024-08-19 | 2024-09-01 | $0.65 | — | Quarterly |
| 2024-05-16 | 2024-06-01 | $0.65 | — | Quarterly |
| 2024-02-15 | 2024-03-01 | $0.65 | +4.0% | Quarterly |
| 2023-11-16 | 2023-12-01 | $0.625 | — | Quarterly |
| 2023-08-17 | 2023-09-01 | $0.625 | — | Quarterly |
| 2023-05-17 | 2023-06-01 | $0.625 | — | Quarterly |
| 2023-02-13 | 2023-03-01 | $0.625 | — | Quarterly |
| 2022-11-16 | 2022-12-01 | $0.625 | +5.0% | Quarterly |
Show all 167 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-08-17 | 2022-09-01 | $0.595 | — | Quarterly |
| 2022-05-17 | 2022-06-01 | $0.595 | — | Quarterly |
| 2022-02-11 | 2022-03-01 | $0.595 | — | Quarterly |
| 2021-11-16 | 2021-12-01 | $0.595 | +5.3% | Quarterly |
| 2021-08-17 | 2021-09-01 | $0.565 | — | Quarterly |
| 2021-05-17 | 2021-06-01 | $0.565 | — | Quarterly |
| 2021-02-11 | 2021-03-01 | $0.565 | — | Quarterly |
| 2020-11-16 | 2020-12-01 | $0.565 | +5.6% | Quarterly |
| 2020-08-17 | 2020-09-01 | $0.535 | — | Quarterly |
| 2020-05-15 | 2020-06-01 | $0.535 | — | Quarterly |
| 2020-02-13 | 2020-03-01 | $0.535 | — | Quarterly |
| 2019-11-15 | 2019-12-01 | $0.535 | +5.9% | Quarterly |
| 2019-08-16 | 2019-09-01 | $0.505 | — | Quarterly |
| 2019-05-16 | 2019-06-01 | $0.505 | — | Quarterly |
| 2019-02-14 | 2019-03-01 | $0.505 | — | Quarterly |
| 2018-11-16 | 2018-12-01 | $0.505 | +6.3% | Quarterly |
| 2018-08-17 | 2018-09-01 | $0.475 | — | Quarterly |
| 2018-05-17 | 2018-06-01 | $0.475 | — | Quarterly |
| 2018-02-14 | 2018-03-01 | $0.475 | — | Quarterly |
| 2017-11-16 | 2017-12-01 | $0.475 | +6.7% | Quarterly |
| 2017-08-16 | 2017-09-01 | $0.445 | — | Quarterly |
| 2017-05-16 | 2017-06-01 | $0.445 | — | Quarterly |
| 2017-02-13 | 2017-03-01 | $0.445 | +6.0% | Quarterly |
| 2016-11-15 | 2016-12-01 | $0.42 | — | Quarterly |
| 2016-08-16 | 2016-09-01 | $0.42 | — | Quarterly |
| 2016-05-16 | 2016-06-01 | $0.42 | — | Quarterly |
| 2016-02-11 | 2016-03-01 | $0.42 | +3.7% | Quarterly |
| 2015-11-13 | 2015-12-01 | $0.405 | — | Quarterly |
| 2015-08-14 | 2015-09-01 | $0.405 | — | Quarterly |
| 2015-05-14 | 2015-06-01 | $0.405 | — | Quarterly |
| 2015-02-11 | 2015-03-01 | $0.405 | +3.8% | Quarterly |
| 2014-11-13 | 2014-12-01 | $0.39 | — | Quarterly |
| 2014-08-13 | 2014-09-01 | $0.39 | — | Quarterly |
| 2014-05-14 | 2014-06-01 | $0.39 | — | Quarterly |
| 2014-02-12 | 2014-03-01 | $0.39 | +2.6% | Quarterly |
| 2013-11-13 | 2013-12-01 | $0.38 | — | Quarterly |
| 2013-08-14 | 2013-09-01 | $0.38 | — | Quarterly |
| 2013-05-15 | 2013-06-01 | $0.38 | — | Quarterly |
| 2013-02-13 | 2013-03-01 | $0.38 | +2.7% | Quarterly |
| 2012-11-14 | 2012-12-01 | $0.37 | — | Quarterly |
| 2012-08-15 | 2012-09-01 | $0.37 | — | Quarterly |
| 2012-05-16 | 2012-06-01 | $0.37 | — | Quarterly |
| 2012-02-14 | 2012-03-01 | $0.37 | +1.4% | Quarterly |
| 2011-11-15 | 2011-12-01 | $0.365 | — | Quarterly |
| 2011-08-16 | 2011-09-01 | $0.365 | — | Quarterly |
| 2011-05-16 | 2011-06-01 | $0.365 | — | Quarterly |
| 2011-02-11 | 2011-03-01 | $0.365 | +1.4% | Quarterly |
| 2010-11-15 | 2010-12-01 | $0.36 | — | Quarterly |
| 2010-08-16 | 2010-09-01 | $0.36 | — | Quarterly |
| 2010-05-14 | 2010-06-01 | $0.36 | — | Quarterly |
| 2010-02-10 | 2010-03-01 | $0.36 | +1.4% | Quarterly |
| 2009-11-13 | 2009-12-01 | $0.355 | — | Quarterly |
| 2009-08-14 | 2009-09-01 | $0.355 | — | Quarterly |
| 2009-05-14 | 2009-06-01 | $0.355 | — | Quarterly |
| 2009-02-11 | 2009-03-01 | $0.355 | +1.4% | Quarterly |
| 2008-11-12 | 2008-12-01 | $0.35 | — | Quarterly |
| 2008-08-13 | 2008-09-01 | $0.35 | — | Quarterly |
| 2008-05-14 | 2008-06-01 | $0.35 | — | Quarterly |
| 2008-02-13 | 2008-03-01 | $0.35 | — | Quarterly |
| 2007-11-14 | 2007-12-01 | $0.35 | +2.9% | Quarterly |
| 2007-08-15 | 2007-09-01 | $0.34 | — | Quarterly |
| 2007-05-16 | 2007-06-01 | $0.34 | — | Quarterly |
| 2007-02-13 | 2007-03-01 | $0.34 | +3.0% | Quarterly |
| 2006-11-15 | 2006-12-01 | $0.33 | — | Quarterly |
| 2006-08-16 | 2006-09-01 | $0.33 | — | Quarterly |
| 2006-05-16 | 2006-06-01 | $0.33 | — | Quarterly |
| 2006-02-13 | 2006-03-01 | $0.33 | +3.1% | Quarterly |
| 2005-11-15 | 2005-12-01 | $0.32 | — | Quarterly |
| 2005-08-16 | 2005-09-01 | $0.32 | — | Quarterly |
| 2005-05-16 | 2005-06-01 | $0.32 | — | Quarterly |
| 2005-02-11 | 2005-03-01 | $0.32 | +3.2% | Quarterly |
| 2004-11-15 | 2004-12-01 | $0.31 | — | Quarterly |
| 2004-08-12 | 2004-09-01 | $0.31 | — | Quarterly |
| 2004-05-13 | 2004-06-01 | $0.31 | — | Quarterly |
| 2004-02-12 | 2004-03-01 | $0.31 | +3.3% | Quarterly |
| 2003-11-12 | 2003-12-01 | $0.3 | — | Quarterly |
| 2003-08-13 | 2003-09-01 | $0.3 | — | Quarterly |
| 2003-05-16 | 2003-06-01 | $0.3 | — | Quarterly |
| 2003-02-12 | 2003-03-01 | $0.3 | +3.4% | Quarterly |
| 2002-11-13 | 2002-12-01 | $0.29 | — | Quarterly |
| 2002-08-14 | 2002-09-01 | $0.29 | — | Quarterly |
| 2002-05-15 | 2002-06-01 | $0.29 | — | Quarterly |
| 2002-02-13 | 2002-03-01 | $0.29 | +3.6% | Quarterly |
| 2001-11-15 | 2001-12-01 | $0.28 | — | Quarterly |
| 2001-08-14 | 2001-09-01 | $0.28 | — | Quarterly |
| 2001-05-16 | 2001-06-01 | $0.28 | — | Quarterly |
| 2001-02-14 | 2001-03-01 | $0.28 | +3.7% | Quarterly |
| 2000-11-15 | 2000-12-01 | $0.27 | — | Quarterly |
| 2000-08-16 | 2000-09-01 | $0.27 | — | Quarterly |
| 2000-05-10 | 2000-06-01 | $0.27 | — | Quarterly |
| 2000-02-09 | 2000-03-01 | $0.27 | +3.8% | Quarterly |
| 1999-11-09 | 1999-12-01 | $0.26 | — | Quarterly |
| 1999-08-11 | 1999-09-01 | $0.26 | — | Quarterly |
| 1999-05-12 | 1999-06-01 | $0.26 | — | Quarterly |
| 1999-02-10 | 1999-03-01 | $0.26 | +4.0% | Quarterly |
| 1998-11-10 | 1998-12-01 | $0.25 | — | Quarterly |
| 1998-08-12 | 1998-09-01 | $0.25 | — | Quarterly |
| 1998-05-13 | 1998-06-01 | $0.25 | — | Quarterly |
| 1998-02-11 | 1998-03-01 | $0.25 | +5.6% | Quarterly |
| 1997-11-12 | 1997-12-01 | $0.2367 | — | Quarterly |
| 1997-08-13 | 1997-09-01 | $0.2367 | — | Quarterly |
| 1997-05-14 | 1997-06-01 | $0.2367 | — | Quarterly |
| 1997-02-12 | 1997-03-01 | $0.2367 | +2.9% | Quarterly |
| 1996-11-13 | 1996-12-01 | $0.23 | — | Quarterly |
| 1996-08-14 | 1996-09-01 | $0.23 | — | Quarterly |
| 1996-05-15 | 1996-06-01 | $0.23 | — | Quarterly |
| 1996-02-14 | 1996-03-01 | $0.23 | +3.0% | Quarterly |
| 1995-11-08 | 1995-12-01 | $0.2233 | — | Quarterly |
| 1995-08-09 | 1995-09-01 | $0.2233 | — | Quarterly |
| 1995-05-08 | 1995-06-01 | $0.2233 | — | Quarterly |
| 1995-02-06 | 1995-03-01 | $0.2233 | +1.5% | Quarterly |
| 1994-11-04 | 1994-12-01 | $0.22 | — | Quarterly |
| 1994-08-08 | 1994-09-01 | $0.22 | — | Quarterly |
| 1994-05-09 | 1994-06-01 | $0.22 | — | Quarterly |
| 1994-02-07 | 1994-03-01 | $0.22 | +3.1% | Quarterly |
| 1993-11-05 | 1993-12-01 | $0.2133 | — | Quarterly |
| 1993-08-09 | 1993-09-01 | $0.2133 | — | Quarterly |
| 1993-05-10 | 1993-06-01 | $0.2133 | — | Quarterly |
| 1993-02-08 | 1993-03-01 | $0.2133 | +3.2% | Quarterly |
| 1992-11-06 | 1992-12-01 | $0.2067 | — | Quarterly |
| 1992-08-10 | 1992-09-01 | $0.2067 | — | Quarterly |
| 1992-05-11 | 1992-06-01 | $0.2067 | — | Quarterly |
| 1992-02-04 | 1992-03-01 | $0.2067 | +5.7% | Quarterly |
| 1991-11-04 | 1991-12-01 | $0.1956 | — | Quarterly |
| 1991-08-12 | 1991-09-01 | $0.1956 | — | Quarterly |
| 1991-05-06 | 1991-06-01 | $0.1956 | — | Quarterly |
| 1991-02-04 | 1991-03-01 | $0.1956 | +7.3% | Quarterly |
| 1990-11-05 | 1990-12-01 | $0.1822 | — | Quarterly |
| 1990-08-06 | 1990-09-01 | $0.1822 | — | Quarterly |
| 1990-05-07 | 1990-06-01 | $0.1822 | — | Quarterly |
| 1990-02-05 | 1990-03-01 | $0.1822 | +7.9% | Quarterly |
| 1989-11-13 | 1989-12-01 | $0.1689 | — | Quarterly |
| 1989-08-14 | 1989-09-01 | $0.1689 | — | Quarterly |
| 1989-05-08 | 1989-06-01 | $0.1689 | — | |
| 1989-02-06 | 1989-03-01 | $0.1689 | +8.6% | |
| 1988-11-04 | 1988-12-01 | $0.1556 | — | |
| 1988-08-08 | 1988-09-01 | $0.1556 | — | |
| 1988-05-09 | 1988-06-01 | $0.1556 | — | |
| 1988-02-08 | 1988-03-01 | $0.1556 | +9.4% | |
| 1987-11-06 | 1987-12-01 | $0.1422 | — | |
| 1987-08-10 | 1987-09-01 | $0.1422 | +6.7% | |
| 1987-05-11 | 1987-06-01 | $0.1333 | — | |
| 1987-02-09 | 1987-03-01 | $0.1333 | +5.3% | |
| 1986-11-07 | — | $0.1267 | — | |
| 1986-08-11 | — | $0.1267 | — | |
| 1986-05-12 | — | $0.1267 | — | |
| 1986-02-03 | — | $0.1267 | +18.7% | |
| 1985-11-08 | — | $0.1067 | — | |
| 1985-08-12 | — | $0.1067 | — | |
| 1985-05-13 | — | $0.1067 | — | |
| 1985-02-08 | — | $0.1067 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
BKH stock split history
- 3:2March 11, 1998
- 3:2March 3, 1992
BKH dividend overview
Black Hills pays an annual dividend of $2.81 per share, a yield of 3.67% at the latest close, paid quarterly. It paid $2.70 per share in 2025, up 4.0% from 2024. It has raised its dividend for 40 consecutive years. Over five years the dividend grew 4.5% a year on average and over ten years 5.3% a year. The payout ratio is 66.5% of trailing earnings.
Related: BKH cash flow statement, BKH key metrics, BKH chart. See the BKH stock overview for the latest quote and news.
BKH dividends FAQ
Does Black Hills pay a dividend?
Yes. Black Hills has paid a regular dividend since 1985, quarterly, most recently $0.70 per share with an ex-dividend date of August 17, 2026.
What is Black Hills's dividend yield?
Black Hills's forward annual dividend is $2.81 per share, a dividend yield of 3.67% at the latest close of $76.63.
How often does Black Hills pay dividends?
Black Hills pays dividends quarterly.
How fast is Black Hills's dividend growing?
Black Hills's dividend per share grew from $2.17 in 2020 to $2.70 in 2025, 4.5% a year on average over five years; it has increased for 40 years in a row.
What is Black Hills's dividend payout ratio?
Black Hills pays out 66.5% of its trailing earnings as dividends.
Has Black Hills split its stock?
Black Hills has split its stock 2 times: 3:2 on March 11, 1998, 3:2 on March 3, 1992. Dividends per share on this page are adjusted for splits.