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BKHU - Black Hills News Story

$63.72 -1.7  -2.6%

Market Cap £n/a
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Position in Universe th / 6855

Black Hills Corp. Announces 46th Consecutive Annual Dividend Increase

Wed 27th January, 2016 9:16pm
 RAPID CITY, S.D. - Jan. 27, 2016 - Black Hills Corp. (NYSE: BKH) today
announced that its board of directors declared a quarterly dividend on the
common stock at a meeting held Jan. 27, 2016. Common shareholders of record at
the close of business on Feb. 16, 2016, will receive $0.42 per share, payable
on March 1, 2016. 
 The quarterly dividend was increased by $0.015 per common share, or 3.7
percent, to $0.42 per share, equivalent to an annual increase of $0.06 and
dividend rate of $1.68 per share. 
 "We are proud to mark 46 years of consecutive increases, one of the longest
records in the utility sector," said David R. Emery, chairman and CEO of Black
Hills Corp. "Our track record of dividend increases affirms our long-term
strategy of sharing earnings growth with shareholders while maintaining the
capital to continue building long-term value."   
 Black Hills Corp. (NYSE: BKH) is a growth-oriented, vertically-integrated
energy company with a tradition of improving life with energy and a vision to
be the energy partner of choice. Based in Rapid City, S.D., the company serves
792,000 natural gas and electric utility customers in Colorado, Iowa, Kansas,
Montana, Nebraska, South Dakota and Wyoming. The company also generates
wholesale electricity and produces natural gas, oil and coal. Black Hills
Corp.'s more than 2,000 employees form partnerships and produce positive
results for our customers, communities and shareholders. More information is
available at . 
 Investor Relations 
 Jerome E. Nichols 
 24-Hour Media Assistance 

 This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf
of NASDAQ OMX Corporate Solutions clients. 
 The issuer of this announcement warrants that they are solely responsible for
the content, accuracy and originality of the information contained therein. 
 Source: Black Hills Corporation via Globenewswire 
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