Black Hills Corp. announced that its board of directors declared a quarterly dividend on the common stock at a meeting held Jan. 25, 2017. Common shareholders of record at the close of business on Feb. 15, 2017, will receive $0.445 per share, payable on March 1, 2017. The quarterly dividend was increased by $0.025 per common share, or 6.0%, to $0.445 per share, equivalent to an annual increase of $0.10 and dividend rate of $1.78 per share.