2024-06-07 08:26:41 ET
Summary
- Black Hills Corporation has 1.34 million natural gas and electricity customers, with growth in its electric generation and utilities.
- The company's stock price is up 6% and its 4.8% dividend is attractive compared to the 10-year US Treasury rate.
- Black Hills is well-positioned to meet the growing demand for data centers with investments in transmission and a range of generation sources.
Black Hills Corporation ( BKH ) has 1.34 million natural gas and electricity customers and is a holding company for residential/commercial (weather-variable) gas utilities with growth in its smaller but valuable electric generation and utilities.
Its stock price is up +6% since my last review . As interest rates stabilize, the company's 4.8% dividend looks attractive, topping the 10-year US Treasury rate of 4.55%....
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Black Hills Corporation Continues As Solid Investment