Home Corporate News Xcel Energy Inc. ($XEL) To Go Ex-Dividend Tomorrow, December 22, 2020

Xcel Energy Inc. ($XEL) To Go Ex-Dividend Tomorrow, December 22, 2020

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Xcel Energy Inc. (NASDAQ:XEL) will begin trading ex-dividend on December 22, 2020. The quarterly dividend payment of $ 0.43 per share is scheduled to be paid on January 20, 2021. The dividend yield based on the latest trading day closing price was 2.60 percent. Shareholders who purchased XEL shares prior to the ex-dividend date are eligible for the cash dividend payment.

Dividends History

Click Here For More Historical Dividends Of Xcel Energy Inc.

Xcel Energy Inc. recently reported third quarter financial results on October 29, 2020, before market open, the Minneapolis based company unveiled income for the third quarter of $ 1.14 per share, from the revenue of $ 3,182.00 million. The quarterly earnings developed 12.87 percent while revenues raised 5.61 percent compared with the same quarter last year.
Street analysts expected Xcel Energy Inc. recently reported third quarter financial results on October 29, 2020, before market open, the Minneapolis based company to report income of $ 1.06 per share on revenue of $ 3367.08 million for the third quarter. The bottom line results beat street analysts by $ 0.08 or 7.55 percent, at the same time, top line results fell short of analysts by $ 185.08 million or 5.5 percent.

Stock Performance

Shares of Xcel Energy Inc. traded low $ -0.91 or -1.36 percent on Friday, reaching $ 66.10 with volume of 5.99 million shares. Xcel Energy Inc. has traded high as $ 67.51 and has cracked $ 65.89 on the downward trend

According to the previous trading day, closing price of $ 66.10, representing a 43.86 % increase from the 52 week low of $ 46.58 and a 12.34 % decrease over the 52 week high of $ 76.44.

The company has a market capital of $ 35.52 billion and is part of the Utilities sector and Utilities – Regulated Electric industry.

Xcel Energy Inc., through its subsidiaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources.

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Raghav worked in Indian media for about five years. He has done commerce post graduation. He is anxious on covering the Asian markets and wants to be one of the leading journalists in this region. He can be contacted at raghav@stockmarketintellects.com