Black Hills Corporation (BKH) Dividend
Dividend Aristocrat — 30 consecutive years of dividend increases.
Black Hills Corporation (BKH) currently pays a dividend yield of 3.55%, distributing $2.81 per share annually ($0.70 per quarter). The company operates in the Utilities sector.
BKH has raised its dividend for 30 consecutive years, making it a Dividend Aristocrat — an S&P 500 company with at least 25 straight years of dividend increases.
BKH dividend at a glance
| Dividend Yield | 3.55% |
|---|---|
| Annual Dividend | $2.81 per share |
| Per Payment | $0.70 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | November 17, 2026 |
| Next Payment Date | December 2, 2026 |
| Payout Ratio | 69% |
| Consecutive Years of Dividend Growth | 30 |
| Sector | Utilities |
| Implied Share Price (from yield) | $79.21 |
What BKH pays on a $10,000 investment
At a 3.55% yield, $10,000 invested in BKH generates about $355.00 per year, or roughly $88.75 every quarter. Share counts below use an implied price of $79.21, derived from the $2.81 annual dividend and the 3.55% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 12.6 | $35.50 | $8.88 |
| $5,000 | 63.1 | $177.50 | $44.37 |
| $10,000 | 126.2 | $355.00 | $88.75 |
| $25,000 | 315.6 | $887.50 | $221.87 |
| $100,000 | 1,262.4 | $3,550.00 | $887.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
BKH dividend payment schedule
BKH pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is November 17, 2026, with payment on December 2, 2026. Later rows are projected forward at the same interval and will shift when Black Hills Corporation declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| November 17, 2026 | December 2, 2026 | $0.70 | Confirmed |
| February 17, 2027 | March 4, 2027 | $0.70 | Projected |
| May 17, 2027 | June 1, 2027 | $0.70 | Projected |
| August 17, 2027 | September 1, 2027 | $0.70 | Projected |
To collect a BKH dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How BKH's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. BKH's 3.55% is almost exactly in line with that median, ranking 502nd of 1000 by yield.
Within Utilities, where we track 40 names, the median yield is 3.27% — putting BKH above its sector.
Its 30-year run of dividend increases ranks 53rd out of the 553 names in our data with an active growth streak.
What the numbers mean
BKH pays out roughly 69% of its earnings as dividends. That is on the higher side — still common for utilities and consumer staples, but it leaves less cushion if earnings dip.
Like most US dividend payers, BKH distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
BKH dividend FAQ
When is the next BKH ex-dividend date?
The next BKH ex-dividend date is November 17, 2026, with the payment scheduled for December 2, 2026. You must own shares before the ex-dividend date to receive that payment.
What is BKH's dividend yield?
BKH currently yields 3.55%, based on $2.81 in dividends per share over the past year.
How often does BKH pay dividends?
BKH pays quarterly, which works out to 4 payments per year of about $0.70 per share.
How much dividend income would $10,000 of BKH generate?
At the current 3.55% yield, $10,000 invested in BKH would produce roughly $355.00 per year, or about $88.75 per quarter, before taxes and assuming the dividend holds.
Has BKH increased its dividend?
Yes — BKH has raised its dividend for 30 consecutive years. That makes it a Dividend Aristocrat.
BKH dividend history
DivTrkr holds 159 recorded BKH dividend payments going back to 1986, with 30 consecutive complete years of increases and +4.8% a year of growth over the last five complete years. See the full BKH dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Utilities dividend payers
- PFFV — Global X Variable Rate Preferred ETF dividend (7.30%)
- PSK — State Street SPDR ICE Preferred Securities ETF dividend (6.85%)
- PFF — iShares Preferred and Income Securities ETF dividend (6.62%)
- EIX — Edison International dividend (6.07%)
- HYG — iShares iBoxx $ High Yield Corporate Bond ETF dividend (6.02%)
- BEPC — Brookfield Renewable Corporation dividend (5.34%)
- BIP — Brookfield Infrastructure Partners L.P. dividend (4.88%)
- BIPC — Brookfield Infrastructure Corporation dividend (4.84%)
Similar yields to BKH
- ELS — Equity LifeStyle Properties, Inc. dividend (3.55%)
- GSK — GSK plc dividend (3.55%)
- HPQ — HP Inc. dividend (3.55%)
- TZA — Direxion Small Cap Bear 3X ETF dividend (3.54%)
- BIL — State Street SPDR Bloomberg 1-3 Month T-Bill ETF dividend (3.57%)
- KMI — Kinder Morgan, Inc. dividend (3.53%)
Track BKH dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.