How Xcel Energy’s Dividend Profile Fared
Currently, Xcel Energy (XEL) stock offers a dividend yield of 3.4%, which is much lower than broader utilities’ (XLU) average yield of ~4.2%. Barring a few exceptions, Xcel Energy has always traded at a discounted dividend yield compared to utilities’ average in the last five years. Xcel Energy has raised its dividends per share for the last 15 consecutive years.