Black Hills Corporation (BKH) Dividend Payout Ratio: 71.84%
Is Black Hills Corporation’s dividend payout ratio high or low?
Black Hills Corporation's dividend payout ratio of 71.84% is 13% above its 5-year average of 63.84%, around the middle of its 5-year range (47.66%–84.69%).
As of Saturday, June 20, 2026. 5.70% above its 12-month average of 67.97%.
Dividend Payout Ratio (71.84%) = TTM Dividends/Share ($2.76) / TTM EPS ($3.84)
BKH Dividend Payout Ratio Chart
BKH Average Dividend Payout Ratio Chart
BKH Current vs Average Dividend Payout Ratio Chart
BKH Dividend Payout Ratio Metrics
DIVIDEND PAYOUT RATIO
71.84%
DIVIDEND PAYOUT RATIO AVG TTM
67.97%
DIVIDEND PAYOUT RATIO AVG 3Y
66.52%
DIVIDEND PAYOUT RATIO AVG 5Y
63.84%
DIVIDEND PAYOUT RATIO AVG 10Y
62.51%
DIVIDEND PAYOUT RATIO AVG 15Y
61.77%
DIVIDEND PAYOUT RATIO AVG 20Y
61.95%
CURRENT VS TTM AVG
+5.70%
CURRENT VS 3Y AVG
+7.99%
CURRENT VS 5Y AVG
+12.52%
CURRENT VS 10Y AVG
+14.92%
CURRENT VS 15Y AVG
+16.30%
CURRENT VS 20Y AVG
+15.96%
Annual Payout Ratio History
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $3.99 | $2.70 | 67.8% |
| 2024 | $3.91 | $2.60 | 66.5% |
| 2023 | $3.91 | $2.50 | 63.9% |
| 2022 | $3.98 | $2.41 | 60.6% |
| 2021 | $3.74 | $2.29 | 61.2% |
| 2020 | $3.65 | $2.17 | 59.5% |
| 2019 | $3.29 | $2.05 | 62.3% |
| 2018 | $4.75 | $1.93 | 40.6% |
| 2017 | $3.46 | $1.81 | 52.3% |
| 2016 | $1.41 | $1.68 | 119.1% |
| 2015 | ($0.71) | $1.62 | N/A (Loss) |
| 2014 | $2.95 | $1.56 | 52.9% |
| 2013 | $2.66 | $1.52 | 57.1% |
| 2012 | $2.34 | $1.48 | 63.2% |
| 2011 | $1.25 | $1.46 | 116.8% |
| 2010 | $1.76 | $1.44 | 81.8% |
| 2009 | $2.11 | $1.42 | 67.3% |
| 2008 | $2.75 | $1.40 | 50.9% |
| 2007 | $2.66 | $1.37 | 51.5% |
| 2006 | $2.44 | $1.32 | 54.1% |
| 2005 | $1.02 | $1.28 | 125.5% |
| 2004 | $1.78 | $1.24 | 69.7% |
| 2003 | $2.00 | $1.20 | 60.0% |
| 2002 | $2.28 | $1.16 | 50.9% |
| 2001 | $3.45 | $1.12 | 32.5% |
| 2000 | $2.39 | $1.08 | 45.2% |
| 1999 | $1.73 | $1.04 | 60.1% |
| 1998 | $1.19 | $1.00 | 84.0% |
| 1997 | $1.49 | $0.95 | 63.5% |
| 1996 | $1.40 | $0.92 | 65.7% |
Black Hills Corporation Dividend Payout Ratio Formula & Definition
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Black Hills Corporation Dividend Payout Ratio FAQ
- What is the dividend payout ratio for Black Hills Corporation (BKH)?
- The dividend payout ratio for BKH stock is 71.84%.
- Is Black Hills Corporation's dividend payout ratio high or low?
- Black Hills Corporation's dividend payout ratio of 71.84% is 13% above its 5-year average of 63.84%, around the middle of its 5-year range (47.66%–84.69%).
- What is the TTM average dividend payout ratio for Black Hills Corporation (BKH)?
- The TTM average dividend payout ratio for BKH stock is 67.97%.
- What is the 3Y average dividend payout ratio for Black Hills Corporation (BKH)?
- The 3Y average dividend payout ratio for BKH stock is 66.52%.
- What is the 5Y average dividend payout ratio for Black Hills Corporation (BKH)?
- The 5Y average dividend payout ratio for BKH stock is 63.84%.
- What is the 10Y average dividend payout ratio for Black Hills Corporation (BKH)?
- The 10Y average dividend payout ratio for BKH stock is 62.51%.
- What is the 15Y average dividend payout ratio for Black Hills Corporation (BKH)?
- The 15Y average dividend payout ratio for BKH stock is 61.77%.
- What is the 20Y average dividend payout ratio for Black Hills Corporation (BKH)?
- The 20Y average dividend payout ratio for BKH stock is 61.95%.
Black Hills Corporation Dividend Payout Ratio History
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-06-18 | 71.84% |
| 2026-06-16 | 71.81% |
| 2026-06-12 | 71.82% |
| 2026-06-10 | 71.81% |
| 2026-06-08 | 71.82% |
| 2026-06-04 | 71.81% |
| 2026-06-02 | 71.81% |
| 2026-05-29 | 71.81% |
| 2026-05-27 | 71.82% |
| 2026-05-22 | 71.84% |
| 2026-05-20 | 71.83% |
| 2026-05-18 | 71.84% |
| 2026-05-14 | 71.13% |
| 2026-05-12 | 71.12% |
| 2026-05-08 | 71.12% |
| 2026-05-06 | 68.61% |
| 2026-05-04 | 68.60% |
| 2026-04-30 | 68.63% |
| 2026-04-28 | 68.60% |
| 2026-04-24 | 68.63% |
| 2026-04-22 | 68.60% |
| 2026-04-20 | 68.60% |
| 2026-04-16 | 68.60% |
| 2026-04-14 | 68.63% |
| 2026-04-10 | 68.61% |
| 2026-04-08 | 68.63% |
| 2026-04-06 | 68.60% |
| 2026-04-01 | 68.62% |
| 2026-03-30 | 68.63% |
| 2026-03-26 | 68.60% |
| 2026-03-24 | 68.60% |
| 2026-03-20 | 68.64% |
| 2026-03-18 | 68.61% |
| 2026-03-16 | 68.63% |
| 2026-03-12 | 68.61% |
| 2026-03-10 | 68.60% |
| 2026-03-06 | 68.62% |
| 2026-03-04 | 68.64% |
| 2026-03-02 | 68.60% |
| 2026-02-26 | 68.62% |
| 2026-02-24 | 68.61% |
| 2026-02-20 | 68.62% |
| 2026-02-18 | 68.62% |
| 2026-02-13 | 67.96% |
| 2026-02-11 | 67.93% |
| 2026-02-09 | 68.28% |
| 2026-02-05 | 68.29% |
| 2026-02-03 | 68.29% |
| 2026-01-30 | 68.29% |
| 2026-01-28 | 68.27% |
| 2026-01-26 | 68.27% |
| 2026-01-22 | 68.29% |
| 2026-01-20 | 68.27% |
| 2026-01-15 | 68.28% |
| 2026-01-13 | 68.28% |
| 2026-01-09 | 68.29% |
| 2026-01-07 | 68.28% |
| 2026-01-05 | 68.29% |
| 2025-12-31 | 68.28% |
| 2025-12-29 | 68.27% |
| 2025-12-24 | 68.29% |
| 2025-12-22 | 68.29% |
| 2025-12-18 | 68.30% |
| 2025-12-16 | 68.30% |
| 2025-12-12 | 68.28% |
| 2025-12-10 | 68.27% |
| 2025-12-08 | 68.29% |
| 2025-12-04 | 68.29% |
| 2025-12-02 | 68.28% |
| 2025-11-28 | 68.27% |
| 2025-11-25 | 68.29% |
| 2025-11-21 | 68.27% |
| 2025-11-19 | 68.29% |
| 2025-11-17 | 84.69% |
| 2025-11-13 | 67.62% |
| 2025-11-11 | 67.63% |
| 2025-11-07 | 67.64% |
| 2025-11-05 | 67.46% |
| 2025-11-03 | 67.46% |
| 2025-10-30 | 67.44% |
| 2025-10-28 | 67.45% |
| 2025-10-24 | 67.44% |
| 2025-10-22 | 67.47% |
| 2025-10-20 | 67.46% |
| 2025-10-16 | 67.46% |
| 2025-10-14 | 67.47% |
| 2025-10-10 | 67.46% |
| 2025-10-08 | 67.45% |
| 2025-10-06 | 67.44% |
| 2025-10-02 | 67.44% |
| 2025-09-30 | 67.44% |
| 2025-09-26 | 67.44% |
| 2025-09-24 | 67.44% |
| 2025-09-22 | 67.45% |
| 2025-09-18 | 67.46% |
| 2025-09-16 | 67.48% |
| 2025-09-12 | 67.46% |
| 2025-09-10 | 67.45% |
| 2025-09-08 | 67.48% |
| 2025-09-04 | 67.44% |
| 2025-09-02 | 67.44% |
| 2025-08-28 | 67.47% |
| 2025-08-26 | 67.44% |
| 2025-08-22 | 67.48% |
| 2025-08-20 | 67.45% |
| 2025-08-18 | 83.82% |
| 2025-08-14 | 66.81% |
| 2025-08-12 | 66.81% |
| 2025-08-08 | 66.82% |
| 2025-08-06 | 66.82% |
| 2025-08-04 | 66.80% |
| 2025-07-31 | 66.78% |
| 2025-07-29 | 67.65% |
| 2025-07-25 | 67.67% |
| 2025-07-23 | 67.63% |
| 2025-07-21 | 67.67% |
| 2025-07-17 | 67.67% |
| 2025-07-15 | 67.66% |
| 2025-07-11 | 67.64% |
| 2025-07-09 | 67.65% |
| 2025-07-07 | 67.66% |
| 2025-07-02 | 67.66% |
| 2025-06-30 | 67.65% |
| 2025-06-26 | 67.64% |
| 2025-06-24 | 67.63% |
| 2025-06-20 | 67.67% |
| 2025-06-17 | 67.66% |
| 2025-06-13 | 67.66% |
| 2025-06-11 | 67.66% |
| 2025-06-09 | 67.65% |
| 2025-06-05 | 67.66% |
| 2025-06-03 | 67.64% |
| 2025-05-30 | 67.67% |
| 2025-05-28 | 67.63% |
| 2025-05-23 | 67.65% |
| 2025-05-21 | 67.63% |
| 2025-05-19 | 67.64% |
| 2025-05-15 | 67.00% |
| 2025-05-13 | 66.97% |
| 2025-05-09 | 67.00% |
| 2025-05-07 | 66.98% |
| 2025-05-05 | 66.98% |
| 2025-05-01 | 67.00% |
| 2025-04-29 | 66.98% |
| 2025-04-25 | 66.97% |
| 2025-04-23 | 66.97% |
| 2025-04-21 | 66.97% |
| 2025-04-16 | 66.97% |
| 2025-04-14 | 67.00% |
| 2025-04-10 | 66.99% |
| 2025-04-08 | 66.97% |
| 2025-04-04 | 67.01% |
| 2025-04-02 | 67.00% |
| 2025-03-31 | 66.98% |
| 2025-03-27 | 66.99% |
| 2025-03-25 | 67.01% |
| 2025-03-21 | 66.99% |
| 2025-03-19 | 66.97% |
| 2025-03-17 | 66.99% |
| 2025-03-13 | 67.00% |
| 2025-03-11 | 66.99% |
| 2025-03-07 | 67.00% |
| 2025-03-05 | 66.99% |
| 2025-03-03 | 66.99% |
| 2025-02-27 | 66.98% |
| 2025-02-25 | 67.00% |
| 2025-02-21 | 67.00% |
| 2025-02-19 | 66.97% |
| 2025-02-14 | 49.76% |
| 2025-02-12 | 66.32% |
| 2025-02-10 | 69.89% |
| 2025-02-06 | 69.88% |
| 2025-02-04 | 69.91% |
| 2025-01-31 | 69.90% |
| 2025-01-29 | 69.90% |
| 2025-01-27 | 69.90% |
| 2025-01-23 | 69.91% |
| 2025-01-21 | 69.89% |
| 2025-01-16 | 69.89% |
| 2025-01-14 | 69.90% |
| 2025-01-10 | 69.87% |
| 2025-01-07 | 69.87% |
| 2025-01-03 | 69.87% |
| 2024-12-31 | 69.89% |
| 2024-12-27 | 69.90% |
| 2024-12-24 | 69.87% |
| 2024-12-20 | 69.88% |
| 2024-12-18 | 69.90% |
| 2024-12-16 | 69.90% |
| 2024-12-12 | 69.88% |
| 2024-12-10 | 69.89% |
| 2024-12-06 | 69.91% |
| 2024-12-04 | 69.90% |
| 2024-12-02 | 69.87% |
| 2024-11-27 | 69.90% |
| 2024-11-25 | 69.89% |
| 2024-11-21 | 69.88% |
| 2024-11-19 | 69.90% |
| 2024-11-15 | 52.43% |
| 2024-11-13 | 69.23% |
| 2024-11-11 | 69.23% |
| 2024-11-07 | 69.21% |
| 2024-11-05 | 63.75% |
| 2024-11-01 | 63.75% |
| 2024-10-30 | 63.76% |
| 2024-10-28 | 63.75% |
| 2024-10-24 | 63.76% |
| 2024-10-22 | 63.75% |
| 2024-10-18 | 63.75% |
| 2024-10-16 | 63.75% |
| 2024-10-14 | 63.73% |
| 2024-10-10 | 63.75% |
| 2024-10-08 | 63.74% |
| 2024-10-04 | 63.74% |
| 2024-10-02 | 63.75% |
| 2024-09-30 | 63.74% |
| 2024-09-26 | 63.73% |
| 2024-09-24 | 63.72% |
| 2024-09-20 | 63.74% |
| 2024-09-18 | 63.74% |
| 2024-09-16 | 63.73% |
| 2024-09-12 | 63.74% |
| 2024-09-10 | 63.75% |
| 2024-09-06 | 63.75% |
| 2024-09-04 | 63.74% |
| 2024-08-30 | 63.72% |
| 2024-08-28 | 63.74% |
| 2024-08-26 | 63.75% |
| 2024-08-22 | 63.72% |
| 2024-08-20 | 63.73% |
| 2024-08-16 | 47.66% |
| 2024-08-14 | 63.14% |
| 2024-08-12 | 63.13% |
| 2024-08-08 | 63.13% |
| 2024-08-06 | 63.13% |
| 2024-08-02 | 63.10% |
| 2024-07-31 | 62.79% |
| 2024-07-29 | 62.79% |
| 2024-07-25 | 62.80% |
| 2024-07-23 | 62.79% |
| 2024-07-19 | 62.82% |
| 2024-07-17 | 62.80% |
| 2024-07-15 | 62.79% |
| 2024-07-11 | 62.83% |
| 2024-07-09 | 62.82% |
| 2024-07-05 | 62.80% |
| 2024-07-02 | 62.82% |
| 2024-06-28 | 62.79% |
| 2024-06-26 | 62.81% |
| 2024-06-24 | 62.82% |
| 2024-06-20 | 62.79% |
| 2024-06-17 | 62.83% |
| 2024-06-13 | 62.80% |
| 2024-06-11 | 62.80% |
| 2024-06-07 | 62.79% |
| 2024-06-05 | 62.82% |
| 2024-06-03 | 62.82% |
| 2024-05-30 | 62.79% |
| 2024-05-28 | 62.79% |
| 2024-05-23 | 62.80% |
Showing the most recent 260 of 2,226 data points. The chart above shows the full history.
About Black Hills Corporation
Black Hills Corporation operates as an American utility firm, delivering both electric power and natural gas through its subsidiaries. Its business is organized into two primary divisions: Electric Utilities and Gas Utilities. The Electric Utilities segment is responsible for generating, transmitting, and distributing electricity to approximately 218,000 customers spanning Colorado, Montana, South Dakota, and Wyoming. This division manages 1,481.5 megawatts of power generation capacity and maintains 8,892 miles of electric transmission and distribution lines. Electric power generation is diversified, utilizing wind, natural gas, and coal-fired plants, and the company also operates a coal mine near Gillette, Wyoming. Conversely, the Gas Utilities segment provides natural gas to roughly 1,094,000 utility clients across Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. This operation includes overseeing 4,732 miles of intrastate gas transmission pipelines, 41,644 miles of gas distribution mains and service lines, six natural gas storage facilities, around 50,000 horsepower of compression, and 515 miles of gathering lines. Beyond these core utility offerings, Black Hills Corporation also constructs and maintains gas infrastructure for various gas transportation customers. It provides appliance repair services for residential utility subscribers and offers electrical system construction to large industrial clients. Founded in 1941, the company's headquarters are situated in Rapid City, South Dakota.
- Sector
- Utilities
- Industry
- Diversified Utilities
- CEO
- Linden R. Evans