Unlocking Financial Stability: Xcel Energy Secures Spot on the ‘S.A.F.E. 25’ Dividend List

Xcel Energy Inc (Symbol: XEL) Joins Exclusive Dividend Rank

Xcel Energy Inc has been included in the Dividend Channel’s prestigious “S.A.F.E. 25” list. This designation reflects its exceptional financial health, showcased by a solid 3.4% yield and an impressive history of dividend increases spanning over 20 years, according to the latest DividendRank report.

Further demonstrating its stability, Xcel Energy Inc is part of the iShares S&P 1500 Index ETF (ITOT) and holds a 1.75% stake in the SPDR S&P Dividend ETF (SDY), which has a total of $346,403,849 invested in XEL shares.

Analyzing the “S.A.F.E. 25” Criteria

Xcel Energy’s placement in the “S.A.F.E. 25” can be attributed to key factors:
S. Strong returns — substantial yield and excellent DividendRank statistics;
A. Accelerating dividends — regular increases over the years;
F. Flawless record — a history free of missed or reduced dividends;
E. Enduring trust — maintaining dividend payments for at least 20 years.

Dividend Details and Payment Schedule

The annual dividend paid by Xcel Energy Inc is $2.19 per share, distributed quarterly. The last date to qualify for this dividend payment was January 6, 2025. Below is a historical overview of XEL’s dividends, emphasizing its long-standing performance in the sector.

Position in the Utility Sector

Operating within the Electric Utilities sector, Xcel competes alongside major players such as NextEra Energy Inc (NEE) and Constellation Energy Corp (CEG).

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.