U.S. Markets close in 3 hrs 23 mins

A Look at Xcel Energy’s Expected Dividend Growth

Vincent Kruger
A Look at Xcel Energy’s Expected Dividend Growth

Xcel Energy’s (XEL) EPS has increased at a CAGR (compound annual growth rate) of 6.0% in the last decade or so. It derives almost all its earnings from regulated operations, leading to stable earnings and dividends. Xcel Energy’s management expects its EPS and dividends to grow at similar levels for the next few years, marginally higher than that of utilities (XLU) at large.