Xcel Energy, Inc. XEL

Xcel Energy, Inc. pays an annual dividend of $2.37 per share, a yield of 3.20% at the last closing price of $74.16. The most recent ex-dividend date was 2026-09-15 — investors must own shares before that date to receive the payment.

The payout ratio — the share of earnings paid out as dividends — is 64.93%. A ratio at this level means most earnings go to the dividend, which can limit flexibility if profits fall.