Black Hills Corporation (NYSE:BKH) will begin trading ex-dividend on November 16, 2020. The quarterly dividend payment of $ 0.565 per share is scheduled to be paid on December 1, 2020. The dividend yield based on the latest trading day closing price was 3.67 percent. Shareholders who purchased BKH shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Black Hills Corporation recently reported second quarter financial results on August 3, 2020, after market close, diversified energy firm outlined income for the second quarter of $ 0.33 per share, from the revenue of $ 326.90 million. The quarterly earnings developed 37.50 percent compared with the same quarter last year. Wall street analysts are predicting, BKH to report 2Q20 income of $ 0.32 per share from revenue of $ 395.88 million. The bottom line results beat street analysts by $ 0.01 or 3.13 percent, at the same time, top line results fell short of analysts by $ 68.98 million or 17.42 percent.
Stock Performance
Shares of Black Hills Corporation traded low $ -2.13 or -3.35 percent on Thursday, reaching $ 61.50 with volume of 341.90 thousand shares. Black Hills Corporation has traded high as $ 63.00 and has cracked $ 60.51 on the downward trend
According to the previous trading day, closing price of $ 61.50, representing a 32.37 % increase from the 52 week low of $ 48.07 and a 26.96 % decrease over the 52 week high of $ 87.12.
The company has a market capital of $ 3.86 billion and is part of the Utilities sector and Utilities – Diversified industry.
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates through Electric Utilities, Gas Utilities, Power Generation, and Mining segments. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 212,000 electric customers in Colorado, Montana, South Dakota, and Wyoming, as well as provides electrical system construction services to large industrial customers.
