Xcel Energy Inc. Board Declares Dividend on Common Stock
The Board of Directors of Xcel Energy Inc. (NYSE:XEL) today declared a
quarterly dividend on its common stock of 34 cents per share. The
dividends are payable July 20, 2016, to shareholders of record on June
16, 2016.
Xcel Energy is a major U.S. electricity and natural gas company, with
operations in 8 Western and Midwestern states. Xcel Energy provides a
comprehensive portfolio of energy-related products and services to 3.5
million electricity customers and 2.0 million natural gas customers
through its regulated operating companies. Company headquarters are
located in Minneapolis. More information is available at www.xcelenergy.com.
This information is not given in connection with any sale or offer for
sale or offer to buy any securities.
Certain matters discussed herein, including information regarding
dividends, are forward-looking statements that are subject to certain
risks, uncertainties and assumptions. Forward-looking statements speak
only as of the date they are made, and we expressly disclaim any
obligation to update any forward looking information. Factors that could
cause actual results to differ materially include, but are not limited
to: general economic conditions, including inflation rates, monetary
fluctuations and their impact on capital expenditures and the ability of
Xcel Energy Inc. and its subsidiaries (collectively, Xcel Energy) to
obtain financing on favorable terms; business conditions in the energy
industry, including the risk of a slowdown in the U.S. economy or delay
in growth-recovery; trade, fiscal, taxation and environmental policies
in areas where Xcel Energy has a financial interest; customer business
conditions; actions of credit rating agencies; competitive factors,
including the extent and timing of the entry of additional competition
in the markets served by Xcel Energy Inc.; unusual weather; effects of
geopolitical events, including war and acts of terrorism; cyber security
threats and data security breaches; state, federal and foreign
legislative and regulatory initiatives that affect cost and investment
recovery, have an impact on rates or have an impact on asset operation
or ownership or impose environmental compliance conditions; structures
that affect the speed and degree to which competition enters the
electric and natural gas markets; costs and other effects of legal and
administrative proceedings, settlements, investigations and claims;
financial or regulatory accounting policies imposed by regulatory
bodies; availability of cost of capital; employee work force factors;
the items described under Factors Affecting Results of Operations in
Item 7 of Xcel Energy Inc.’s Form 10-K for the year ended Dec. 31, 2015
and the other risk factors listed from time to time by Xcel Energy in
reports filed with the Securities and Exchange Commission (SEC).
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Copyright Business Wire 2016
Source: Business Wire
(May 18, 2016 - 11:31 AM EDT)
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