Black Hills Corporation Declares
Quarterly Dividend and Announces Second Quarter Earnings Conference
Call
For Information Contact: Mark
T. Thies, Executive Vice President; Dale
T. Jahr, Director, Investor Relations
RAPID CITY, SD-August 1, 2005-At a meeting
held July 27, 2005, the Board of Directors
of Black Hills Corporation (NYSE: BKH) declared quarterly
dividends on the common stock.
Common shareholders will receive 32 cents per share, equivalent
to an annual dividend rate
of $1.28. Dividends will be payable September 1, 2005, to
all shareholders of record at the close of business on August
18, 2005.
The Company will issue its second quarter 2005 financial
results on Tuesday, August 9, 2005.
In conjunction with the earnings release, the Company will
conduct a conference call on Wednesday, August 10, 2005,
beginning at 11:00 a.m. Eastern Time to discuss financial
and operating performance. The conference call will be open
to the public. The call can be accessed by dialing, toll-free,
(877) 209-0397. When prompted, indicate that you wish to
participate in the "Black Hills Quarterly Earnings
Conference Call."
A replay of the conference call is available through August
17, 2005 by dialing (800) 475-6701 (USA) or (320) 365-3844
(international). The access code is 791567.
Black Hills Corporation is a diversified energy and communications
company. Black Hills Energy, the wholesale energy unit,
generates electricity, produces natural gas, oil and coal,
and markets energy. Our retail businesses are Black Hills
Power, an electric utility serving western South Dakota,
northeastern Wyoming and southeastern Montana; and Cheyenne
Light, Fuel & Power, an electric and gas distribution
company serving the Cheyenne, Wyoming vicinity. More information
is available at our Internet web site: www.blackhillscorp.com.