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[0] Xcel Energy Inc. Declares Quarterly Common and Preferred Dividend.


Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--Dec. 13, 2000

The Board of Directors of Xcel Energy today declared a quarterly dividend on its common stock of 37.5 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
. This is equivalent to an annual rate of $1.50 per share. Based on a December December: see month.  12, 2000, closing price of $28.00, this would result in a yield of 5.36%. The dividends are payable January January: see month.  20, 2001, to shareholders of record on January 2, 2001.

The Board also declared regular quarterly dividends on all series of outstanding preferred stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders.

Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate.
, which are payable on January 15, 2001 to shareholders of record on December 29, 2000.

To speak to an Xcel Energy media representative, call (612) 215-5300

Financial analysts may call:

R J Kolkmann, Managing Director, Investor Relations Investor relations

The process by which the corporation communicates with its investors.
  (612) 215-4559 M D Pritchard, Director, Investor Relations (612) 215-4535

This information is not given in connection with any sale or offer for sale or offer to buy any securities.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 13, 2000
Words:158
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