Xcel Energy: Buy This Undervalued Blue-Chip Utility Now
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Xcel Energy is anticipated to announce its 22nd consecutive annual dividend increase, highlighting its dedication to dividend growth and shareholder value. The company is positioned for 6%-8% annual EPS growth, supported by strong financials, investment-grade credit ratings, and a $45 billion capital spending plan through 2029. Despite recent revenue and EPS misses, Xcel's long-term growth prospects remain robust, driven by solar projects and data center load growth.

February 09, 2025 | 12:15 pm
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Xcel Energy is expected to announce its 22nd consecutive annual dividend hike, indicating strong commitment to shareholder value. Despite recent revenue and EPS misses, the company is positioned for 6%-8% annual EPS growth, supported by robust financials and a $45 billion capital spending plan through 2029.
The announcement of a 22nd consecutive annual dividend hike is a strong positive signal for investors, indicating Xcel Energy's commitment to shareholder value. The company's robust financials, investment-grade credit ratings, and significant capital spending plan support its long-term growth prospects, despite recent revenue and EPS misses.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100