Adventure_Photo A Dividend King Trading at a discount to its per share dividend growth rate Seeking high-yield alternatives before the Fed moves to lower interest rates, many investors are looking to the beaten-down Utilities sector. While this is a sector that operates heavily on debt and share dilution, their cash flow streams are maybe second only to taxes as far as the reliability of income is concerned. There are only a handful of Utility companies that are in the Dividend King category, with dividend ...

Moussa81Utility stocks haven't been crowd favorites over the past 12+ months, as higher interest rates and the tech rally have turned sentiment against this perceived slower-growth sector along with REITs and consumer staples. This is not bad news for dividend investors, however, as it gives them the opportunity to layer into quality names at below average valuations. Such I find the case to be with Black Hills Corp. (NYSE:BKH), which as shown below is down by 27% over the past 12 months and is trading ...

高收益的Dividend King - Black Hills是一家高收益的Dividend King，拥有稳定的业务和慢而稳定的增长[2] 强大的竞争力 - Chevron在能源行业中具有强大的竞争力，拥有最低的债务-权益比率，为投资者提供可靠的股息[3] 可靠的现金流 - Enterprise通过收取管道、储存、运输和加工资产的费用来支持其分配，拥有可靠的现金流，为投资者提供丰厚的分配收益[4]

股息增长 - Black Hills Corp. (NYSE:BKH)宣布每股季度股息为0.65美元，比上一季度增加了0.025美元[1] - 公司连续54年增加年度股息，是电力和天然气公用事业行业第二长的记录[2] - Black Hills自1942年以来连续82年支付年度股息[3]

Some companies are just boring. They operate in dull industries where not much excitement happens. Because of that, they slowly plod along, often paying attractive dividends along the way. However, slow and steady can win over the long term. That's why some Fool.com contributors are rather excited about the total return potential of Black Hills Corporation (BKH -0.83%), Enbridge (ENB 0.60%), and Enterprise Products Partners (EPD 0.78%). While they operate in sleepy sectors of the energy industry, they have ...

2023 Third Quarter Review Forward-looking Statements COMPANY This presentation includes “forward-looking statements” as defined by the Securities and Exchange Commission. We make these forward- INFORMATION looking statements in reliance on the safe harbor protections provided under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this presentation that address activities, events or developments that we expect, believe or anticipate ...

财务数据和关键指标变化 - 第三季度每股收益为0.67美元,同比增长0.13美元,主要得益于新费率和费率投资回收带来的收益提升0.10美元,以及2021年Wygen I发电机故障造成的损失收回0.06美元,部分被0.05美元的天气因素负面影响所抵消 [21][22] - 前三季度运营业绩方面,电力业务收益增加主要来自于0.18美元的新费率和费率回收,以及0.09美元的输电服务和外部电力销售 [24] - 天然气业务收益增加主要来自于0.12美元的新费率和费率回收,以及0.04美元的住宅用户增长和用量增加,但被0.06美元的天然气商品合同市值变动负面影响、0.10美元的天气因素负面影响以及去年冬季风暴Uri带来的0.12美元一次性收益抵消 [25] 各条业务线数据和关键指标变化 - 电力业务方面,新费率和费率回收以及输电服务和外部电力销售增加带动收益提升 [24] - 天然气业务方面,新费率和费率回收、住宅用户增长和用量增加带动收益提升,但受到天然气商品合同市值变动、天气因素和去年冬季风暴Uri一次性收益的负面影响 [25] 各个市场数据和关键指标变化 - 怀俄明州电力业务连续10年创下新的峰值负荷,增长近70%至312兆瓦,主要得益于数据中心和区块链客户的增长 [14] 公司战略和发展方向及行业竞争 - 公司更新了战略重点,包括增长与财务表现、卓越运营、转型、人才与文化等方面 [47] - 公司正在积极推进500兆瓦可再生能源项目,其中100兆瓦将于2026年投产服务南达科他电力,400兆瓦将于2030年前投产服务科罗拉多电力 [35][36] - 公司正在建设260英里的Ready Wyoming输电项目,预计2025年底前完工,以增强系统弹性、提高能源市场准入和长期稳定输电成本 [38][39] - 公司正在积极拓展天然气管道互联、数据中心、区块链等新兴业务,并持续推进内部流程和运营效率提升 [52][53] 管理层对经营环境和未来前景的评论 - 管理层对2023年全年业绩有信心,预计将达到指引区间的上限 [17] - 管理层对公司长期4%-6%的每股收益增长目标保持信心,主要基于稳健的运营执行、监管计划和增长机会 [17][55] - 管理层表示将在2023年四季度报告时提供2024年业绩指引、股息增长计划和2024-2028年资本支出计划的更新 [19] 问答环节重要的提问和回答 问题1 **Julien Dumoulin-Smith 提问** 询问公司2024年业绩展望和支撑4%-6%长期增长目标的信心来源 [58][59] **Linden Evans和Kimberly Nooney回答** - 公司已经考虑了2023年债务再融资、股权融资等因素,并在2024年业绩预测中纳入了相关影响 [60][61][62][63][64] - 公司看好持续的客户增长和需求增长,以及成本控制等因素,为2024年及长期增长目标提供支撑 [65] 问题2 **Willard Grainger 提问** 询问公司是否还有其他2024年的费率审查案件 [80] **Todd Jacobs回答** - 公司通常每年会有3起费率审查案件,具体案件尚未公开,会先与监管机构沟通 [81][82] - 这些费率审查计划已经包含在公司4%-6%的长期每股收益增长目标中 [84]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-31303 Black Hills Corporation Incorporated in South Dakota IRS Identification Number 46-0458824 7001 Mount Rushmo ...

2023 Second Quarter Review Forward-looking Statements COMPANY This presentation includes “forward-looking statements” as defined by the Securities and Exchange Commission. We make these forward- INFORMATION looking statements in reliance on the safe harbor protections provided under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this presentation that address activities, events or developments that we expect, believe or anticipate ...

Black Hills Corporation (NYSE:BKH) Q2 2023 Earnings Conference Call August 3, 2023 11:00 AM ET Company Participants Jerome Nichols - Director, Investor Relations Linn Evans - President and Chief Executive Officer Kimberly Nooney - Senior Vice President and Chief Financial Officer Marne Jones - Senior Vice President, Utilities Todd Jacobs - Senior Vice President, Growth and Strategy Conference Call Participants Julien Dumoulin - Bank of America Andrew Weisel - Scotiabank Christopher Ellinghaus - Siebert Will ...