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Black Hills Corporation (BKH) will raise its quarterly dividend by 3.7 percent to $0.42 per share. The new dividend will be paid on March 1, 2016 to shareholders of record on February 16, 2016.

The dividend has been raised for 46 consecutive years by BKH. 

Black Hills Corp. is a utility company serving natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. The company also generates wholesale electricity and produces natural gas, oil and coal.