XEL Dividend History & Yield

Xcel Energy Inc. · NasdaqGS

Stock Utilities Quarterly payer Dividend growthUtility
$78.05
-1.08% today
as of Oct 25, 2026
TTM yield
3.01%
$2.349/share over the last 12 months
Forward yield
3.04%
$2.372/share indicated annual rate
Annual dividend
$2.372
per share, forward
Per payment
$0.593
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Dec 17, 2026 Estimated
in 53 days
Next pay date
Jan 21, 2027
in 88 days
Last ex-dividend date
Sep 15, 2026
$0.593 per share
Payout ratio
64%
of earnings
Market cap
48.8B
P/E 21.4
5y dividend CAGR
+5.4%
annualised, regular payments
Growth streak
22 yrs
consecutive annual raises
Years paying
53.6
since Mar 26, 1973
1y total return
-0.3%
price -3.2% + dividends 2.9%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Thu, Dec 17, 2026 (in 53 days) Jan 21, 2027 $0.593 $59.30 Estimated
Sat, Mar 20, 2027 (in 146 days) Apr 24, 2027 $0.593 $59.30 Estimated
Mon, Jun 21, 2027 (in 239 days) Jul 26, 2027 $0.593 $59.30 Estimated
Wed, Sep 22, 2027 (in 332 days) Oct 27, 2027 $0.593 $59.30 Estimated

Estimated dates and amounts are projected from XEL's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $2.372 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Dec 22, 2016 to Sep 15, 2026; most recent $0.593$0.00$0.40$0.80Dec 22, 2016: $0.34Dec '16Mar 13, 2017: $0.36Jun 13, 2017: $0.36Sep 14, 2017: $0.36Dec 27, 2017: $0.36Mar 14, 2018: $0.38Mar '18Jun 14, 2018: $0.38Sep 13, 2018: $0.38Dec 27, 2018: $0.38Mar 14, 2019: $0.405Jun 13, 2019: $0.405Jun '19Sep 12, 2019: $0.405Dec 24, 2019: $0.405Mar 12, 2020: $0.43Jun 12, 2020: $0.43Sep 14, 2020: $0.43Sep '20Dec 22, 2020: $0.43Mar 12, 2021: $0.458Jun 14, 2021: $0.458Sep 14, 2021: $0.458Dec 21, 2021: $0.458Dec '21Mar 14, 2022: $0.488Jun 14, 2022: $0.488Sep 14, 2022: $0.488Dec 28, 2022: $0.488Mar 14, 2023: $0.52Mar '23Jun 14, 2023: $0.52Sep 14, 2023: $0.52Dec 27, 2023: $0.52Mar 14, 2024: $0.548Jun 14, 2024: $0.548Jun '24Sep 13, 2024: $0.548Jan 6, 2025: $0.548Mar 14, 2025: $0.57Jun 13, 2025: $0.57Sep 15, 2025: $0.57Sep '25Dec 29, 2025: $0.57Mar 13, 2026: $0.593Jun 15, 2026: $0.593Sep 15, 2026: $0.593

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.50$3.002017: $1.44$1.4420172018: $1.52$1.5220182019: $1.62$1.6220192020: $1.72$1.7220202021: $1.832$1.83220212022: $1.952$1.95220222023: $2.08$2.0820232024: $1.644$1.64420242025: $2.828$2.82820252026 (YTD): $1.779$1.7792026 YTD

How much XEL do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month506$39,486$1,200
$500 / month2,530$197,428$6,000
$1,000 / month5,060$394,857$12,000

Based on the forward yield of 3.04%. $10,000 in XEL would currently pay about $304 a year ($25 a month on average). Model reinvestment and growth →

XEL dividend history

Ex-datePay dateAmountChange
Sep 15, 2026 Oct 20, 2026 $0.593 +0.0%
Jun 15, 2026 Jul 20, 2026 $0.593 +0.0%
Mar 13, 2026 Apr 20, 2026 $0.593 +4.0%
Dec 29, 2025 Jan 20, 2026 $0.57 +0.0%
Sep 15, 2025 Oct 20, 2025 $0.57 +0.0%
Jun 13, 2025 Jul 20, 2025 $0.57 +0.0%
Mar 14, 2025 Apr 20, 2025 $0.57 +4.0%
Jan 6, 2025 Jan 20, 2025 $0.548 +0.0%
Sep 13, 2024 Oct 20, 2024 $0.548 +0.0%
Jun 14, 2024 Jul 20, 2024 $0.548 +0.0%
Mar 14, 2024 Apr 20, 2024 $0.548 +5.4%
Dec 27, 2023 Jan 20, 2024 $0.52 +0.0%
Sep 14, 2023 Oct 20, 2023 $0.52 +0.0%
Jun 14, 2023 Jul 20, 2023 $0.52 +0.0%
Mar 14, 2023 Apr 20, 2023 $0.52 +6.6%
Dec 28, 2022 Jan 20, 2023 $0.488 +0.0%
Sep 14, 2022 Oct 20, 2022 $0.488 +0.0%
Jun 14, 2022 Jul 20, 2022 $0.488 +0.0%
Mar 14, 2022 Apr 20, 2022 $0.488 +6.6%
Dec 21, 2021 Jan 20, 2022 $0.458 +0.0%
Sep 14, 2021 Oct 20, 2021 $0.458 +0.0%
Jun 14, 2021 Jul 20, 2021 $0.458 +0.0%
Mar 12, 2021 Apr 20, 2021 $0.458 +6.5%
Dec 22, 2020 Jan 20, 2021 $0.43 +0.0%

XEL dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Mar 13, 2026 Raised 4.0% $0.57 $0.593 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

XEL scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Xcel Energy Inc.

Xcel Energy Inc., through its subsidiaries, operates as an electric and natural gas delivery company in the United States. It operates through Regulated Electric Utility and Regulated Natural Gas Utility segments. The company generates, purchases, transmits, distributes, and sells electricity through its energy portfolio, including wind, nuclear, hydroelectric, biomass, and solar power from both owned generation facilities and PPAs, as well as its fossil fuel energy portfolio, such as coal and natural gas; sale and resale of wholesale transmission service; and engages in wholesale commodity and trading operations.

Sector: Utilities. Industry: Utilities - Regulated Electric. First dividend on our records: Mar 26, 1973. 167 payments tracked. Data last refreshed Oct 25, 2026. Spotted a mistake? Report it and we'll fix it.

XEL dividend FAQ

When is XEL's next ex-dividend date?

XEL's next ex-dividend date is Dec 17, 2026 (in 53 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.593 per share, expected on Jan 21, 2027.

How often does XEL pay dividends?

XEL pays dividends every quarter, 4 times a year. The most recent payment was $0.593 per share with an ex-date of Sep 15, 2026.

What is XEL's dividend yield?

XEL's trailing 12-month dividend yield is 3.01%, based on $2.349 per share paid over the last year and a share price of $78.05. The forward yield, using the indicated annual rate of $2.372 per share, is 3.04%.

How much does XEL pay per share?

XEL pays about $0.593 per share each quarter, which works out to roughly $2.372 per share a year. 100 shares would collect about $237.20 a year.

Has XEL grown or cut its dividend?

XEL has raised its annual dividend for 22 consecutive years. Over the last 5 years the regular payout has grown at 5.4% a year (+4.0% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of XEL do I need to earn $100 a month?

At the current forward yield of 3.04%, you would need about 506 shares of XEL (roughly $39,486 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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