Is Black Hills Corporation a good dividend stock?

Black Hills Corporation (BKH) is a dividend-paying stock with a current dividend yield of 3.98%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is BKH's dividend yield?

The dividend yield for BKH stock is currently 3.98%.

How much does BKH pay in dividends per year?

Black Hills Corporation pays an annual dividend of $2.7850 per share over the trailing twelve months.

How often does BKH pay dividends?

BKH stock pays dividends quarterly.

Is BKH's dividend growing?

Black Hills Corporation's 3-year dividend CAGR is 3.66%.

BKH Stock Price, Chart, Stats & News

Black Hills Corporation

Save

Overview Dividend safety Dividends Fundamentals

Black Hills Corporation (BKH) is a dividend-paying stock with a current dividend yield of 3.98% as of Sep 15, 2026. It pays $2.79 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 4.27% 5-year compound annual rate.

5.33B

Market cap

16.70x

Current P/E

15.20x

Forward P/E

3.98%

Dividend yield

$2.79

BKH dividend

Dividend safety

Moderate

Dividend coverage is moderate for BKH — it pays out about 66% of earnings.

See the safety analysis

BKH chart

Fundamentals

Gross margin	38.47%
Operating margin	23.27%
Pretax margin	14.87%
Net margin	12.62%
Effective tax rate	12.73%
ROA	2.68%
ROE	7.85%
D/E	1.23x
Interest coverage ratio	2.61x

All financials

BKH valuation

P/E	16.70x
P/S	2.24x
P/B	1.35x
P/CF	7.67x
P/FCF	-35.42x
P/OCF	7.67x
PEG	23.39x
EV multiple	0.81x

About

Black Hills Corporation operates as an American utility firm, delivering both electric power and natural gas through its subsidiaries. Its business is organized into two primary divisions: Electric Utilities and Gas Utilities. The Electric Utilities segment is responsible for generating, transmitting, and distributing electricity to approximately 218,000 customers spanning Colorado, Montana, South Dakota, and Wyoming.