By Stephen NakrosisBlack Hills Corp. said Friday its board approved a 2.5 cent a share increase to the company's quarterly dividend. The new dividend of 65 cents would be payable on March 1 to shareholders of record at the close of business on Feb. 16. The new dividend, $2.60 on an annual basis, has a dividend yield of about 5.1%. The utility company said it has increased its annual dividend for 54 consecutive years. Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

Source: Wall Street Journal January 26, 2024 21:32 UTC