The Case for Black Hills Corporation (BKH) as a Value-Oriented Dividend Stock

Black Hills Corporation (NYSE:BKH) is included among the 11 Best Value Dividend Stocks to Buy Now.

Black Hills Corporation (NYSE:BKH) is an American diversified energy company that provides electric and gas utility services across South Dakota, Montana, Wyoming, Colorado, Arkansas, Kansas, Nebraska, and Iowa, while also selling power throughout the western states.

Black Hills Corporation (NYSE:BKH) is popular among long-term investors because the company is a Dividend King with 55 years of dividend growth. Currently, the company offers a quarterly dividend of $0.676 per share and has a dividend yield of 4.44%, as recorded on September 26.

Black Hills Corporation (NYSE:BKH) has been expanding its customer base at nearly three times the pace of overall U.S. population growth. This strong growth trend supports its position when seeking regulatory approval for future investments and rate adjustments. Black Hills is targeting long-term annual earnings growth of 4% to 6%, with dividend increases expected to follow that same path.

While we acknowledge the potential of BKH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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