BKH
$76.63+1.00%
Black Hills Corporation total returns by year (including dividends)
As of market close, Oct 16, 2026
Black Hills Corporation total returns by year (1974–2026)#
Calendar-year returns with each year's path and its dividend contribution (dividend return = total minus price return). Every year has a direct link you can bookmark or share.
| Year | Start price | End price | Path | Dividend | Total return |
|---|---|---|---|---|---|
| 2026YTD | $69.42 | $76.63 | 3.2% | +13.6% | |
| 2025 | $58.52 | $69.42 | 5.3% | +23.9% | |
| 2024 | $53.95 | $58.52 | 5.1% | +13.6% | |
| 2023 | $70.34 | $53.95 | 3.4% | -19.9% | |
| 2022 | $70.57 | $70.34 | 3.4% | +3.1% | |
| 2021 | $61.45 | $70.57 | 4.0% | +18.9% | |
| 2020 | $78.54 | $61.45 | 2.7% | -19.1% | |
| 2019 | $62.78 | $78.54 | 3.5% | +28.6% | |
| 2018 | $60.11 | $62.78 | 3.5% | +8.0% | |
| 2017 | $61.34 | $60.11 | 2.8% | +0.8% | |
| 2016 | $46.43 | $61.34 | 3.9% | +36.0% | |
| 2015 | $53.04 | $46.43 | 3.2% | -9.3% | |
| 2014 | $52.51 | $53.04 | 2.9% | +3.9% | |
| 2013 | $36.34 | $52.51 | 4.6% | +49.1% | |
| 2012 | $33.58 | $36.34 | 4.9% | +13.1% | |
| 2011 | $30.00 | $33.58 | 5.4% | +17.3% | |
| 2010 | $26.63 | $30.00 | 5.7% | +18.3% | |
| 2009 | $26.96 | $26.63 | 6.3% | +5.1% | |
| 2008 | $44.10 | $26.96 | 2.7% | -36.2% | |
| 2007 | $36.94 | $44.10 | 4.1% | +23.5% | |
| 2006 | $34.61 | $36.94 | 3.0% | +9.8% | |
| 2005 | $30.68 | $34.61 | 4.1% | +16.9% | |
| 2004 | $29.83 | $30.68 | 4.5% | +7.3% | |
| 2003 | $26.52 | $29.83 | 4.9% | +17.4% | |
| 2002 | $33.84 | $26.52 | 3.3% | -18.3% | |
| 2001 | $44.75 | $33.84 | 2.2% | -22.1% | |
| 2000 | $22.19 | $44.75 | 8.7% | +110.4% | |
| 1999 | $26.38 | $22.19 | 3.9% | -12.0% | |
| 1998 | $23.50 | $26.38 | 4.5% | +16.7% | |
| 1997 | $18.75 | $23.50 | 6.5% | +31.8% | |
| 1996 | $16.50 | $18.75 | 6.6% | +20.2% | |
| 1995 | $14.25 | $16.50 | 5.2% | +21.0% | |
| 1994 | $15.17 | $14.25 | 0.0% | -6.1% | |
| 1993 | $18.33 | $15.17 | 0.0% | -17.2% | |
| 1992 | $18.39 | $18.33 | 0.0% | -0.3% | |
| 1991 | $13.50 | $18.39 | 0.0% | +36.2% | |
| 1990 | $12.72 | $13.50 | 0.0% | +6.1% | |
| 1989 | $11.22 | $12.72 | 0.0% | +13.4% | |
| 1988 | $10.33 | $11.22 | 0.0% | +8.6% | |
| 1987 | $9.67 | $10.33 | 0.0% | +6.8% | |
| 1986 | $9.06 | $9.67 | 0.0% | +6.7% | |
| 1985 | $6.00 | $9.06 | 0.0% | +51.0% | |
| 1984 | $4.97 | $6.00 | 0.0% | +20.7% | |
| 1983 | $3.64 | $4.97 | 0.0% | +36.5% | |
| 1982 | $2.56 | $3.64 | 0.0% | +42.2% | |
| 1981 | $2.86 | $2.56 | 0.0% | -10.5% | |
| 1980 | $2.92 | $2.86 | 0.0% | -1.9% | |
| 1979 | $2.78 | $2.92 | 0.0% | +5.0% | |
| 1978 | $2.61 | $2.78 | 0.0% | +6.4% | |
| 1977 | $2.26 | $2.61 | 0.0% | +15.3% | |
| 1976 | $2.00 | $2.26 | 0.0% | +13.2% | |
| 1975 | $1.36 | $2.00 | 0.0% | +46.9% | |
| 1974 | $1.86 | $1.36 | 0.0% | -26.9% |
- Annualized
- +9.7%
- 1974–2026
- Average year
- +12.1%
- 52 full years
- Best year
- +110.4%
- 2000
- Worst year
- -36.2%
- 2008
- Positive years
- 39/52
- 75% up
Annualized (CAGR)
+9.7%
1974–2026
Average year
+12.1%
52 full years
Best year
+110.4%
2000
Worst year
-36.2%
2008
Positive years
39/52
75% up
Total return by period#
Annual
-100%-50%0%50%100%
1974-27%'74
1975+47%
1976+13%
1977+15%
1978+6.4%'78
1979+5.0%
1980-1.9%
1981-10%
1982+42%'82
1983+37%
1984+21%
1985+51%
1986+6.7%'86
1987+6.8%
1988+8.6%
1989+13%
1990+6.1%'90
1991+36%
1992-0.33%
1993-17%
1994-6.1%'94
1995+21%
1996+20%
1997+32%
1998+17%'98
1999-12%
2000+110%
2001-22%
2002-18%'02
2003+17%
2004+7.3%
2005+17%
2006+9.8%'06
2007+23%
2008-36%
2009+5.1%
2010+18%'10
2011+17%
2012+13%
2013+49%
2014+3.9%'14
2015-9.3%
2016+36%
2017+0.81%
2018+8.0%'18
2019+29%
2020-19%
2021+19%
2022+3.1%'22
2023-20%
2024+14%
2025+24%
2026+14%'26
Methodology#
Total returns, dividends reinvested, measured on BKH. Annualized return is the compound annual growth rate; the current year is year-to-date. Past performance does not predict future returns.
FAQ#
- What is Black Hills Corporation's average annual return?
- Since 1974, Black Hills Corporation (BKH) has returned about 9.7% a year (the compound annual growth rate) and an average calendar-year return of 12.1%.
- What were Black Hills Corporation's best and worst years?
- Over 1974–2026, the best year was 2000 (+110.4%) and the worst was 2008 (-36.2%).
- How often is Black Hills Corporation up in a year?
- 39 of the 52 full years since 1974 were positive — about 75% of the time.
More on Black Hills Corporation
Annual returns for: S&P 500 · S&P 500 Equal Weight · US Stock Market · Nasdaq-100
