Xcel Energy (XEL) will raise its quarterly dividend by 6.7 percent to $0.32 per share in 2015. This follows a 7.1 percent dividend hike by the utility company last year.

Xcel Energy Inc. is a U.S. electric and natural gas delivery company, with operations in Western and Midwestern states, including Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. The company provides energy-related products and services to electricity customers and gas customers through its regulated operating companies. The company's four operating companies are: NSP-Minnesota, NSP-Wisconsin, PSCo (Public Service Company of Colorado) and SPS (Southwestern Public Service Co).