Black Hills Corporation ( BKH ) Q3 2025 Earnings Call November 6, 2025 11:00 AM EST Company Participants Salvador Diaz - Director of Investor Relations Linden Evans - President, CEO & Director Kimberly Nooney - Senior VP & CFO Marne Jones - SVP & Chief Utility Officer Conference Call Participants Christopher Ellinghaus - Siebert Williams Shank & Co., L.L.C., Research Division Andrew Weisel - Scotiabank Global Banking and Markets, Research Division Presentation Operator Good day, and thank you for standing by.
These Dividend King stocks have some of the highest yields. The underlying companies are stable and profitable, and have raised dividends consistently.
While the December 2024 interest rate cut of 25 basis points may be the last until September, it is an excellent bet that federal funds will be lower than today's effective federal funds rate of 4.33%, which is already below the long-term average of 4.61%.
I am upgrading Black Hills Corporation to a buy due to its attractive 4.67% dividend, growth prospects, and diversified generation mix including coal. Data center and blockchain demand are driving electric utility growth, with over 10% of EPS expected from data centers by 2028. Recent policy shifts favoring natural gas and coal, plus regional economic growth, position Black Hills for stable long-term earnings and dividend growth.
I believe cash feels safe, but long-term, it's a wealth destroyer. Equities, especially the right ones, offer far better protection and compounding power. Buffett's track record shows the power of moats and long-lived assets. I aim to follow a similar path with businesses that thrive for decades, not quarters. In this article, I share three companies built to deliver consistent income and long-term value, assets I'd trust to strengthen any portfolio's core.
Black Hills Corporation (NYSE:BKH ) Q1 2025 Earnings Call May 8, 2025 11:00 AM ET Company Participants Sal Diaz - Director, Investor Relations Linn Evans - President and Chief Executive Officer Kimberly Nooney - Senior Vice President and Chief Financial Officer Marne Jones - Senior Vice President and Chief Utility Officer Conference Call Participants Andrew Weisel - Scotiabank Ross Fowler - Bank of America Brian Russo - Jefferies Anthony Crowdell - Mizuho Operator Good day and thank you for standing by. Welcome to the Q1 2025 Black Hills Corporation Earnings Conference Call.
Warren Buffett uses Berkshire Hathaway as his investment vehicle, with the conglomerate buying and selling stocks and entire companies. Investors can get ideas by examining Berkshire's portfolio of investments, both public and private.
Owning proven dividend growth stocks is an investing strategy that has served me well in times of market volatility. The focus of today includes a consumer staple, a regulated electric and gas utility, and an industrial technology company. The Dividend Kings are priced 16% to 20% below my fair value estimates.
Turbulence has returned to the stock market this year. Concerns about how much tariffs will impact the global economy have caused wild gyrations in the stock market.
If you are a dividend lover, then you have very likely heard of Dividend Kings. These companies have increased their dividend payout every year for at least five decades.
High-yield dividend aristocrats offer stability and income. Due to their defensive sector composition and lower volatility, they outperform the S&P 500 during market downturns. Despite recession fears, economic data shows continued growth driven by consumer spending, particularly from the wealthiest Americans, mitigating recession risks. Here are 10 low-volatility, 4.5%-plus yielding aristocrats that offer attractive long-term income growth in an Ultra SWAN package.
Black Hills Corporation is a Dividend King with a 55-year dividend growth streak, trading at an 18% discount to fair value. BKH's five-year capital spending plan increased to $4.7 billion, with a strong balance sheet and a BBB+ credit rating from S&P. The utility's diluted EPS grew 17.1% in Q4 2024, driven by higher revenue and lower operating expenses, projecting 4%-6% annual EPS growth.