---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-012259"
form_type: "8-K"
ticker: "BKH"
cik: "0001130464"
company_name: "BLACK HILLS CORP /SD/"
filed_at: "2024-02-07T23:59:59+00:00"
generated_at: "2026-06-06T06:38:14.898813+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Black Hills beats FY2023 EPS guidance ($3.91 actual vs $3.65-$3.85); initiates 2024 EPS $3.80-$4.00

## Summary
- Q4 2023 net income $79.6M (diluted EPS $1.17); FY net income $262.2M (EPS $3.91) vs $258.4M ($3.97) in 2022.
- 2023 actual EPS $3.91 above guidance $3.65-$3.85; 2024 EPS guidance initiated at $3.80-$4.00.
- Quarterly dividend raised to $0.65 per share, marking 54th consecutive annual dividend increase.
- Five-year capital plan increased by $800M to $4.3B for 2024-2028.
- Issued 2.0M shares via ATM for net proceeds $118.7M; completed $450M 6.15% notes due 2034 and $350M 5.95% notes due 2028.

## SEC filing metadata
- accession: 0000950170-24-012259
- form_type: 8-K
- ticker: BKH
- cik: 0001130464
- company_name: BLACK HILLS CORP /SD/
- filed_at: 2024-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130464/000095017024012259/0000950170-24-012259-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130464/000095017024012259/bkh-20240207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-012259
- JSON: https://secwatch.observer/filing/0000950170-24-012259.json
- Plain text: https://secwatch.observer/filing/0000950170-24-012259.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.