MINNEAPOLIS--(BUSINESS WIRE)--
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 October 20, 2016, to shareholders of record on
September 15, 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.
Except for the historical statements contained in this release, the
matters discussed herein, are forward-looking statements that are
subject to certain risks, uncertainties and assumptions. Such
forward-looking statements, including our 2016 earnings per share
guidance and assumptions, are intended to be identified in this document
by the words “anticipate,” “believe,” “estimate,” “expect,” “intend,”
“may,” “objective,” “outlook,” “plan,” “project,” “possible,”
“potential,” “should” and similar expressions. Actual results may vary
materially. Forward-looking statements speak only as of the date they
are made and we expressly disclaim any obligation to update any
forward-looking information. The following factors, in addition to those
discussed in Xcel Energy’s Annual Report on Form 10-K for the fiscal
year ended Dec. 31, 2015, Quarterly Reports on Form 10-Q for the
quarters ended March 31 and June 30, 2016 and subsequent securities
filings, could cause actual results to differ materially from management
expectations as suggested by such forward-looking information: 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 slow down 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; 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; and employee work force factors.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160824005971/en/
Xcel Energy, Minneapolis
Shareholder Services
Tara Heine,
612-215-5391
or
Paul Johnson, 612-215-4535
Vice
President, Investor Relations
or
Xcel Energy Media Relations
Representatives, 612-215-5300
Source: Xcel Energy Inc.