Xcel Energy Inc. (NYSE:XEL) Updates On Quarterly Dividend


As per Xcel Energy Inc. (NYSE:XEL) statement on 2016-08-24, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.34 per share as dividend to stakeholders. The record date is set as 2016-09-15, the payout date as 2016-10-20 and the ex-dividend date is 2016-09-13.

Last fiscal Xcel Energy Inc. (NYSE:XEL) disbursed cash dividend of $0.34. A year ago, the payout was $0.34, which indicates a difference of 6.6667%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.34, implying 5.0087% growth.

For the period ended on 2015-12-31, Xcel Energy Inc. (NYSE:XEL)’s earnings came at $0.39 per share compared to EPS of $0.84 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-03. For this quarter, the analysts have earnings estimate of $0.88 per share.

The interim price target for Xcel Energy Inc. (NYSE:XEL) is set at $41.857. This level is the mean price reached by averaging the stock views of 7 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Xcel Energy Inc. (NYSE:XEL) is seen at $48 and the lowest level is established at $36. This broad range highlights a standard deviation of $4.059 in reported estimates.

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