Trailing Dividend / Share
$2.09
Xcel Energy Inc. (XEL) Dividend History
Income profile from 1973 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.5%
Payout Ratio
60.7%
Watch
Dividend Streak
16 years
3-Second Income Check
Safety
60.7% payout ratio with watch safety profile.
Consistency
16 straight years of dividend increases.
Income Trend
Yield on cost is 4.3% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield2.5%
Trailing DPS$2.09
FrequencyAnnual
Payments / 12M5
Payout Safety
Earnings Payout60.7%
Earnings SafetyWatch
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score5/9
Growth
Growth Streak16 years
3Y CAGR13.2%
5Y CAGR10.5%
Yield on Cost (5Y)4.3%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield2.5%
1Y Total Return18.8%
5Y Total Return58.4%
Div Contribution (5Y)17.5%
Estimated $10K growth (return + dividends):
5Y ago$15,83910Y ago$25,63220Y ago$60,214
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (43 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Xcel Energy Inc. distributes 60.7% of earnings as dividends (Watch).
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
XEL has raised its dividend for 16 consecutive years, with a 3-year CAGR of 13.2% and 5-year CAGR of 10.5%.
Total Shareholder Returns
Beyond cash dividends, XEL returns capital through share repurchases. The combined picture: 2.5% dividend yield, 2.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.3% and is currently rising. The 5-year total return is 58.4%, with dividends contributing 17.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $25,632 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$10.46
Avg/Payment$0.5232
Latest Change+3.9%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 13, 2026Latest | $0.5925 | ↑ +3.9% | 2.76% | Apr 20, 2026 |
| Dec 29, 2025 | $0.5700 | — | 3.08% | Jan 20, 2026 |
| Sep 15, 2025 | $0.5700 | — | 3.09% | Oct 20, 2025 |
| Jun 13, 2025 | $0.5700 | — | 3.31% | Jul 20, 2025 |
| Mar 14, 2025 | $0.5700 | ↑ +4.1% | 3.17% | Apr 20, 2025 |
| Jan 6, 2025 | $0.5475 | — | 3.36% | Jan 20, 2025 |
| Sep 13, 2024 | $0.5475 | — | 3.39% | Oct 20, 2024 |
| Jun 14, 2024 | $0.5475 | — | 3.97% | Jul 20, 2024 |
Dividend Peer Comparison
Peer group: Electric and gas combination utilities
#5 yield in peer group
Div Yield
2.5%
#5 of 9
Safety
Watch
60.7% payout
Streak
16Y
10.5% 5Y CAGR
Total Shareholder
2.5%
#5 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
XELXcel Energy Inc. | $49.3B | 2.5% | 60.7% | 16 | Watch |
ETREntergy Corporation | $48.5B | 2.2% | 60.6% | 11 | Watch |
PEGPublic Service Enter… | $42.9B | 2.2% | 44.7% | 0 | Sustainable |
2nd WECWEC Energy Group, In… | $38.1B | 3.0% | 73.7% | 23 | Watch |
AEEAmeren Corporation | $31.3B | 2.5% | 52.7% | 16 | Sustainable |
FTSFortis Inc. | $29.2B | 2.1% | 48.5% | 4 | Sustainable |
1st ESEversource Energy | $28.6B | 3.7% | 1.2% | 23 | Sustainable |
EDConsolidated Edison,… | $26.5B | 2.8% | — | 0 | Unknown |
3rd DTEDTE Energy Company | $20.6B | 2.8% | 59.6% | 3 | Sustainable |
Annual Dividend History
43 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.59 | — | 1 | — | — | — | 0.9% |
| 2025 | $2.83 | 72.1% | 5 | — | — | — | 4.3% |
| 2024 | $1.64 | -21.0% | 3 | $3.44 | 47.7% | 2.09x | 2.5% |
| 2023 | $2.08 | 6.7% | 4 | $3.21 | 64.8% | 1.54x | 3.2% |
| 2022 | $1.95 | 6.6% | 4 | $3.17 | 61.5% | 1.63x | 3.0% |
| 2021 | $1.83 | 6.4% | 4 | $2.96 | 61.8% | 1.62x | 2.8% |
| 2020 | $1.72 | 6.2% | 4 | $2.79 | 61.6% | 1.62x | 2.6% |
| 2019 | $1.62 | 6.6% | 4 | $2.64 | 61.4% | 1.63x | 2.5% |
| 2018 | $1.52 | 5.6% | 4 | $2.47 | 61.5% | 1.63x | 2.3% |
| 2017 | $1.44 | 5.9% | 4 | $2.25 | 64.0% | 1.56x | 2.2% |
See XEL's True Return
Price is only half the story. See total return with reinvested dividends.
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See how XEL stacks up against sector leader GE Vernova Inc..
Start ComparisonFrequently Asked Questions
How much dividend does XEL pay per share?
Xcel Energy Inc. (XEL) pays a trailing 12-month dividend of $2.09 per share, with a current dividend yield of +2.5%. Payments are made Annual.
When is XEL's next ex-dividend date?
XEL's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. XEL typically pays dividends Annual.
Is XEL's dividend safe?
XEL's dividend safety is rated "Watch" based on an earnings payout ratio of +60.7% and FCF payout ratio of N/A. With 16 consecutive years of dividend growth, the track record supports sustainability.
Is XEL a Dividend Achiever?
Yes, Xcel Energy Inc. is classified as a Dividend Achiever with 16 consecutive years of dividend increases. The 5-year dividend CAGR is +10.5%, demonstrating above-inflation dividend growth.
How often does XEL pay dividends?
Xcel Energy Inc. pays dividends Annual. The trailing 12-month total is $2.09 per share. Dividend data on this page covers 53+ years from 1973 to 2026.
How much would $10,000 invested in XEL grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in XEL five years ago would be worth approximately $15,839 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is XEL's yield on cost for long-term holders?
XEL's yield on cost — the current dividend divided by the original purchase price — is +4.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.5% market yield, thanks to consistent dividend growth.