SmarterDividends
XEL

Xcel Energy Inc.

XEL22 yrs growth

Utilities · Stock · quarterly payer

Forward Yield

3.05%

Annual Dividend

$2.37

Payout Ratio

66%

5-Yr Growth

5.8%

Ex-Date

Jun 15, 2026

Frequency

Quarterly

XEL Dividend Safety Score

87/ 100
Grade A

Very Safe

Dividend-growth streak22 consecutive years of growth
Cut historyCut its dividend in 2003
Earnings payout coverage66% of earnings paid out
Balance-sheet strengthDebt/equity of 1.65
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is XEL a good dividend stock?

Yes

Xcel Energy Inc. (XEL) pays a quarterly dividend yielding 3.05% ($2.37/yr), with 22 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 22 consecutive years of dividend growth
  • Strong 5.8% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2003

Key Data

Dividend Yield
3.05%
Payout Ratio
66%
Annual Dividend
$2.37
5-Yr Avg Growth
5.8%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
22
Frequency
quarterly
Beta
0.41
Market Cap
$48.5B
P/E Ratio
22.4
5-Yr Total Return
20%
52-Week Range
$65.21 – $84.23
Dividend Safety
A · 87/100
Ever Cut?
Yes (2003)
XEL ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.37 / yr per share

Per payment (quarterly)$59.25
Annual$237.00
Monthly avg$19.75