5 High Yield Dividend Kings for 2022

In this article, we discuss 5 high yield dividend kings for 2022. If you want our detailed analysis of these stocks, go directly to 10 High Yield Dividend Kings for 2022. 

5. Black Hills Corporation (NYSE:BKH)

Dividend Yield as of January 21: 3.56%

Number of Years of Dividend Increases: 51

Number of Hedge Fund Holders: 16

Black Hills Corporation (NYSE:BKH) is an electric utility and gas company that supplies power throughout the western United States. Black Hills Corporation (NYSE:BKH) is a notable dividend king, with a rich history of consistently increasing dividends and a yield of 3.56%. The stock offers a dividend payout ratio of 59.02%. 

Black Hills Corporation (NYSE:BKH) declared on October 26 a $0.595 per share quarterly dividend, which is a 5.3% increase from its prior dividend of $0.565. The dividend was paid on December 1, for shareholders of record on November 17. 

Mizuho analyst Paul Fremont raised the price target on Black Hills Corporation (NYSE:BKH) to $67 from $60 and kept a Neutral rating on the shares on September 22. 

In the third quarter of 2021, 16 hedge funds reported owning stakes in Black Hills Corporation (NYSE:BKH), equaling $55.9 million, as compared to 14 funds in the preceding quarter, holding stakes worth $62.5 million in Black Hills Corporation (NYSE:BKH). Royce & Associates is one of the leading Black Hills Corporation (NYSE:BKH) stakeholder, with an $11 million stake.