Xcel Energy Inc. (NASDAQ:XEL) to Issue Quarterly Dividend of $0.59

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Xcel Energy Inc. (NASDAQ:XEL) has declared a quarterly dividend of $0.5925 per share, an increase of 3.9% from its previous dividend. Stockholders of record on March 13th will receive the payment on April 20th, representing an annualized yield of 2.8%. The company has consistently raised its dividend for 22 consecutive years, supported by a payout ratio around 55% and analyst forecasts of $4.14 EPS for the next year.

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