Black Hills Corporation reported full year (FY) 2025 common stock dividends paid of USD 197.9 million, with a dividend payout ratio of 68 percent and dividends per share at USD 2.70. Income tax expense increased by USD 7.4 million, primarily due to higher pre-tax income and a higher effective tax rate. Net income attributable to non-controlling interest decreased by USD 2.4 million, largely due to lower net income from Black Hills Colorado IPP resulting from unplanned generation outages. The company operates through two segments: Electric Utilities and Gas Utilities, and continues to focus on its strategy centered on people and culture, operational excellence, transformation, and growth. Black Hills Corporation highlighted a pending merger with NorthWestern as a key corporate development during the period. The company serves 1.37 million customers across eight states and reported a continued commitment to customer service and community support.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Black Hills Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-046028), on February 11, 2026, and is solely responsible for the information contained therein.