secwatch.observer — SEC 8-K summary
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Issuer:     BLACK HILLS CORP /SD/ (BKH)
CIK:        0001130464
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0000950170-24-012259
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130464/000095017024012259/0000950170-24-012259-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130464/000095017024012259/bkh-20240207.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-012259

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