Xcel Energy Inc. (XEL) Dividend History

NASDAQ: XELYield, payment dates, growth and payout ratio.

XEL latest dividend

$0.59last dividend per share
Ex-dividend dateSep 15Tuesday, 2026
Payment dateOct 20Tuesday, 2026

The next dividend has not been announced yet.

  • 1985paying since
  • Quarterly4 payments a year
  • +10.5%5-year growth a year
  • 3.11%forward yield

XEL dividend income calculator

Dividend income a year
$237
Each payment
$59
Value of the shares
$7,631
Dividend yield
3.11%

At the latest close; forward annual dividend $2.37 per share, before tax.

XEL 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.

XEL dividend safety

Payout ratio (earnings)58.1%
Well covered · of trailing twelve-month earnings paid as dividends
Dividend growth (5 years)+10.5%
Growing · a year on average
Years of increases0
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

XEL yield on cost

BoughtPrice paidYield on costDividends since% of price
1 year ago$81.162.92%$2.352.9%
3 years ago$59.333.99%$6.7711.4%
5 years ago$64.683.66%$10.7416.6%
10 years ago$40.545.85%$18.7546.3%
20 years ago$21.4511.05%$29.52137.6%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

XEL dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

XEL dividends by year

YearDividends per shareGrowthYield (year-end)Payments
2025$2.83—3.83%5
2024$1.64−21.0%2.43%3
2023$2.08+6.6%3.36%4
2022$1.95+6.6%2.78%4
2021$1.83+6.5%2.71%4
2020$1.72+6.2%2.58%4
2019$1.62+6.6%2.55%4
2018$1.52+5.6%3.09%4
2017$1.44+5.9%2.99%4
2016$1.36+6.2%3.34%4
2015$1.28+6.7%3.56%4
2014$1.20+8.1%3.34%4
2013$1.11+3.7%3.97%4
2012$1.07+3.6%4.01%4
2011$1.03+2.9%3.74%4
2010$1.00+3.2%4.26%4
2009$0.97+3.1%4.59%4
2008$0.94+3.4%5.09%4
2007$0.91+3.3%4.05%4
2006$0.88—3.83%4

XEL dividend history

167 payments
Ex-dividend datePayment dateAmountChangeFrequency
2026-09-152026-10-20$0.593—Quarterly
2026-06-152026-07-20$0.593—Quarterly
2026-03-132026-04-20$0.593+4.0%Quarterly
2025-12-292026-01-20$0.57—Quarterly
2025-09-152025-10-20$0.57—Quarterly
2025-06-132025-07-20$0.57—Quarterly
2025-03-142025-04-20$0.57+4.0%Quarterly
2025-01-062025-01-20$0.548—Quarterly
2024-09-132024-10-20$0.548—Quarterly
2024-06-142024-07-20$0.548—Quarterly
2024-03-142024-04-20$0.548+5.4%Quarterly
2023-12-272024-01-20$0.52—Quarterly
2023-09-142023-10-20$0.52—Quarterly
2023-06-142023-07-20$0.52—Quarterly
2023-03-142023-04-20$0.52+6.6%Quarterly
2022-12-282023-01-20$0.488—Quarterly
Show all 167 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-09-142022-10-20$0.488—Quarterly
2022-06-142022-07-20$0.488—Quarterly
2022-03-142022-04-20$0.488+6.6%Quarterly
2021-12-212022-01-20$0.458—Quarterly
2021-09-142021-10-20$0.458—Quarterly
2021-06-142021-07-20$0.458—Quarterly
2021-03-122021-04-20$0.458+6.5%Quarterly
2020-12-222021-01-20$0.43—Quarterly
2020-09-142020-10-20$0.43—Quarterly
2020-06-122020-07-20$0.43—Quarterly
2020-03-122020-04-20$0.43+6.2%Quarterly
2019-12-242020-01-20$0.405—Quarterly
2019-09-122019-10-20$0.405—Quarterly
2019-06-132019-07-20$0.405—Quarterly
2019-03-142019-04-20$0.405+6.6%Quarterly
2018-12-272019-01-20$0.38—Quarterly
2018-09-132018-10-20$0.38—Quarterly
2018-06-142018-07-20$0.38—Quarterly
2018-03-142018-04-20$0.38+5.6%Quarterly
2017-12-272018-01-20$0.36—Quarterly
2017-09-142017-10-20$0.36—Quarterly
2017-06-132017-07-20$0.36—Quarterly
2017-03-132017-04-20$0.36+5.9%Quarterly
2016-12-222017-01-20$0.34—Quarterly
2016-09-132016-10-20$0.34—Quarterly
2016-06-142016-07-20$0.34—Quarterly
2016-03-112016-04-20$0.34+6.2%Quarterly
2015-12-222016-01-20$0.32—Quarterly
2015-09-152015-10-20$0.32—Quarterly
2015-06-162015-07-20$0.32—Quarterly
2015-03-132015-04-20$0.32+6.7%Quarterly
2014-12-232015-01-20$0.3—Quarterly
2014-09-162014-10-20$0.3—Quarterly
2014-06-172014-07-20$0.3—Quarterly
2014-03-182014-04-20$0.3+7.1%Quarterly
2013-12-242014-01-20$0.28—Quarterly
2013-09-172013-10-20$0.28—Quarterly
2013-06-182013-07-20$0.28+3.7%Quarterly
2013-03-192013-04-20$0.27—Quarterly
2012-12-242013-01-20$0.27—Quarterly
2012-09-182012-10-20$0.27—Quarterly
2012-06-192012-07-20$0.27+3.8%Quarterly
2012-03-202012-04-20$0.26—Quarterly
2011-12-222012-01-20$0.26—Quarterly
2011-09-202011-10-20$0.26—Quarterly
2011-06-212011-07-20$0.26+2.8%Quarterly
2011-03-222011-04-20$0.253—Quarterly
2010-12-212011-01-20$0.253—Quarterly
2010-09-212010-10-20$0.253—Quarterly
2010-06-222010-07-20$0.253+3.3%Quarterly
2010-03-232010-04-20$0.245—Quarterly
2009-12-222010-01-20$0.245—Quarterly
2009-09-222009-10-20$0.245—Quarterly
2009-06-232009-07-20$0.245+2.9%Quarterly
2009-03-242009-04-20$0.238—Quarterly
2008-12-242009-01-20$0.238—Quarterly
2008-09-232008-10-20$0.238—Quarterly
2008-06-242008-07-20$0.238+3.5%Quarterly
2008-03-252008-04-20$0.23—Quarterly
2007-12-242008-01-20$0.23—Quarterly
2007-09-252007-10-20$0.23—Quarterly
2007-06-262007-07-20$0.23+3.1%Quarterly
2007-03-272007-04-20$0.223—Quarterly
2006-12-262007-01-20$0.223—Quarterly
2006-09-262006-10-20$0.223—Quarterly
2006-06-272006-07-20$0.223+3.7%Quarterly
2006-03-282006-04-20$0.215—Quarterly
2005-12-292006-01-20$0.215—Quarterly
2005-09-272005-10-20$0.215—Quarterly
2005-06-282005-07-20$0.215+3.4%Quarterly
2005-03-292005-04-20$0.208—Quarterly
2004-12-302005-01-20$0.208—Quarterly
2004-09-292004-10-20$0.208—Quarterly
2004-06-302004-07-20$0.208+10.6%Quarterly
2004-03-312004-04-20$0.188—Quarterly
2003-12-302004-01-20$0.188—Quarterly
2003-12-112003-12-31$0.188—
2003-07-022003-07-20$0.188—Quarterly
2003-06-052003-06-23$0.188—
2002-12-312003-01-20$0.188—Quarterly
2002-10-032002-10-20$0.188−49.9%Quarterly
2002-07-032002-07-20$0.375—Quarterly
2002-04-042002-04-20$0.375—Quarterly
2001-12-282002-01-20$0.375—Quarterly
2001-09-282001-10-20$0.375—Quarterly
2001-07-052001-07-20$0.375—Quarterly
2001-03-292001-04-20$0.375—Quarterly
2000-12-282001-01-20$0.375+72.0%Quarterly
2000-10-042000-10-20$0.218+37.1%Quarterly
2000-08-212000-09-02$0.159−56.8%
2000-07-112000-07-20$0.368+1.4%
2000-04-112000-04-20$0.363—
1999-12-312000-01-20$0.363—
1999-09-291999-10-20$0.363—
1999-07-061999-07-20$0.363+1.4%
1999-04-051999-04-20$0.358—
1998-12-301999-01-20$0.358—
1998-09-291998-10-20$0.358—
1998-07-071998-07-20$0.358+1.6%
1998-04-061998-04-20$0.3525—
1997-12-301998-01-20$0.3525—
1997-09-291997-10-20$0.3525—
1997-07-071997-07-20$0.3525+2.2%
1997-04-071997-04-20$0.345—
1996-12-311997-01-20$0.345—
1996-09-271996-10-20$0.345—
1996-07-091996-07-20$0.345+2.2%
1996-04-081996-04-20$0.3375—
1995-12-281996-01-20$0.3375—
1995-09-281995-10-20$0.3375—
1995-07-111995-07-20$0.3375+2.3%
1995-04-031995-04-20$0.33—
1994-12-301995-01-20$0.33—
1994-09-271994-10-20$0.33—
1994-07-011994-07-20$0.33+2.3%
1994-04-041994-04-20$0.3225—
1993-12-291994-01-20$0.3225—
1993-09-271993-10-20$0.3225—
1993-07-011993-07-20$0.3225+2.4%
1993-04-021993-04-20$0.315—
1992-12-281993-01-20$0.315—
1992-09-251992-10-20$0.315—
1992-07-021992-07-20$0.315+4.1%
1992-04-021992-04-20$0.3025—
1991-12-261992-01-20$0.3025—
1991-09-251991-10-20$0.3025—
1991-07-051991-07-20$0.3025+4.3%
1991-04-021991-04-20$0.29—
1990-12-261991-01-20$0.29—
1990-09-251990-10-20$0.29—
1990-07-031990-07-20$0.29+4.5%
1990-04-031990-04-20$0.2775—
1989-12-261990-01-20$0.2775—
1989-09-261989-10-20$0.2775—
1989-07-031989-07-20$0.2775+4.7%
1989-03-281989-04-20$0.265—
1988-12-281989-01-20$0.265—
1988-09-271988-10-20$0.265—
1988-06-281988-07-20$0.265+5.0%
1988-03-281988-04-20$0.2525—
1987-12-281988-01-20$0.2525—
1987-09-291987-10-20$0.2525—
1987-06-251987-07-20$0.2525+6.3%
1987-03-311987-04-20$0.2375—
1986-12-261987-01-20$0.2375—
1986-09-30—$0.2375—
1986-06-26—$0.2375+8.0%
1986-03-26—$0.22—
1985-12-26—$0.22—
1985-09-26—$0.22+91.7%
1973-03-26—$0.1148—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

XEL stock split history

  • 2:1June 2, 1998
  • 2:1June 16, 1986

XEL dividend overview

Xcel Energy pays an annual dividend of $2.37 per share, a yield of 3.11% at the latest close, paid quarterly. It paid $2.83 per share in 2025. Over five years the dividend grew 10.5% a year on average and over ten years 8.2% a year. The payout ratio is 58.1% of trailing earnings.

Related: XEL cash flow statement, XEL key metrics, XEL chart. See the XEL stock overview for the latest quote and news.

XEL dividends FAQ

Does Xcel Energy pay a dividend?

Yes. Xcel Energy has paid a regular dividend since 1985, quarterly, most recently $0.59 per share with an ex-dividend date of September 15, 2026. It also paid dividends from 1973 to 1973.

What is Xcel Energy's dividend yield?

Xcel Energy's forward annual dividend is $2.37 per share, a dividend yield of 3.11% at the latest close of $76.31.

How often does Xcel Energy pay dividends?

Xcel Energy pays dividends quarterly.

How fast is Xcel Energy's dividend growing?

Xcel Energy's dividend per share grew from $1.72 in 2020 to $2.83 in 2025, 10.5% a year on average over five years.

What is Xcel Energy's dividend payout ratio?

Xcel Energy pays out 58.1% of its trailing earnings as dividends.

Has Xcel Energy split its stock?

Xcel Energy has split its stock 2 times: 2:1 on June 2, 1998, 2:1 on June 16, 1986. Dividends per share on this page are adjusted for splits.

Utilities - Regulated Electric: dividends