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BLACK HILLS CORP. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and BLACK HILLS CORP.’s Form 8-K, filed April 26, 2024 (Item 5.07 on EDGAR). Page generated October 14, 2026.

  • 6Ballot items
  • 383Asset managers
  • 2,673Fund votes
  • April 23, 2024Meeting date

Results at a glance

Meeting of April 23, 2024: 6 items on BLACK HILLS CORP.’s Form 8-K, filed April 26, 2024: 2 approved · 4 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore BLACK HILLS CORP. in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by BLACK HILLS CORP.

These tallies are BLACK HILLS CORP.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed April 26, 2024 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

BLACK HILLS CORP. — official shareholder meeting results, meeting held April 23, 2024
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Linden R. Evans 54,806,982---- 528,5295,282,197 99.0%Not verified—
Elect Director: Barry M. Granger 54,311,379---- 1,024,1325,282,197 98%Not verified—
Elect Director: Tony A. Jensen 54,703,750---- 631,7615,282,197 99%Not verified—
Elect Director: Steven R. Mills 51,601,153---- 3,734,3585,282,197 93%Not verified—
2. A proposal to ratify the appointment of Deloitte & Touche LLP to serve as our independent registered public accounting firm for the year 2024 59,476,0651,028,898112,744 ---- 98%Approved—
3. On an advisory and non-binding basis, the compensation of the Company's named executive officers, as disclosed in the proxy statement 53,514,1781,535,455285,877 --5,282,197 97%Approved—

Source: BLACK HILLS CORP., Form 8-K, filed with the SEC on April 26, 2024 — read the filing on EDGAR.

How asset managers voted at the BLACK HILLS CORP. 2023-2024 meeting

Each item below shows how the 383 asset managers that disclosed a BLACK HILLS CORP. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Barry M. Granger

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 54,311,379WITHHELD: 1,024,132
Details: description as filed, official tally, votes by 101 asset managers

Description as filed by funds: Election of Directors: Barry M. Granger

BLACK HILLS CORP.’s own tally for this item (“Elect Director: Barry M. Granger”): 54,311,379 for, 1,024,132 withheld, per its Form 8-K filed April 26, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 101 asset managers below reported 34,399,033 for, 148,421 withheld.

FOR
FOR: 34,399,033WITHHOLD: 148,421
Largest asset managers voting on “Election of Directors: Barry M. Granger” at BLACK HILLS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard8,019,5840 00For
BlackRock6,667,5800 00For
Capital Group3,251,7220 00For
Fidelity1,617,8060 00For
State Street1,407,1480 0372For
UNDISCOVERED MANAGERS FUNDS1,332,1130 00For
TIAA966,1010 00For
Charles Schwab810,5420 00For
ProShares752,2810 00For
Dimensional723,2800 00For
Invesco721,4810 00For
MFS714,0060 00For
John Hancock713,6070 00For
JANUS INVESTMENT FUND674,0680 00For
Equitable312,4960 0134,146Mixed
DNP SELECT INCOME FUND INC389,7000 00For
Columbia Threadneedle350,3160 00For
WisdomTree260,6840 00For
FIRST EAGLE FUNDS243,4330 00For
Bridge Builder Trust240,7360 00For
FRANKLIN VALUE INVESTORS TRUST235,1100 00For
Lincoln Financial218,7500 00For
Goldman Sachs217,8140 00For
First Trust216,5000 00For
GLENMEDE FUND INC215,0470 00For

Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.

2. Elect Director: Linden R. Evans

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%
FOR: 54,806,982WITHHELD: 528,529
Details: description as filed, official tally, votes by 101 asset managers

Description as filed by funds: Election of Directors: Linden R. Evans

BLACK HILLS CORP.’s own tally for this item (“Elect Director: Linden R. Evans”): 54,806,982 for, 528,529 withheld, per its Form 8-K filed April 26, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.0% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 101 asset managers below reported 34,531,452 for, 14,275 withheld, 1,727 abstained.

FOR
FOR: 34,531,452ABSTAIN: 1,727WITHHOLD: 14,275
Largest asset managers voting on “Election of Directors: Linden R. Evans” at BLACK HILLS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard8,019,5840 00For
BlackRock6,667,5800 00For
Capital Group3,251,7220 00For
Fidelity1,617,8060 00For
State Street1,407,1480 0372For
UNDISCOVERED MANAGERS FUNDS1,332,1130 00For
TIAA966,1010 00For
Charles Schwab810,5420 00For
ProShares752,2810 00For
Dimensional723,2800 00For
Invesco721,4810 00For
MFS714,0060 00For
John Hancock713,6070 00For
JANUS INVESTMENT FUND674,0680 00For
Equitable446,6420 00For
DNP SELECT INCOME FUND INC389,7000 00For
Columbia Threadneedle350,3160 00For
WisdomTree260,6840 00For
FIRST EAGLE FUNDS243,4330 00For
Bridge Builder Trust240,7360 00For
FRANKLIN VALUE INVESTORS TRUST235,1100 00For
Lincoln Financial218,7500 00For
Goldman Sachs217,8140 00For
First Trust216,5000 00For
GLENMEDE FUND INC215,0470 00For

Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.

3. Elect Director: Steven R. Mills

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 51,601,153WITHHELD: 3,734,358
Details: description as filed, official tally, votes by 101 asset managers

Description as filed by funds: Election of Directors: Steven R. Mills

BLACK HILLS CORP.’s own tally for this item (“Elect Director: Steven R. Mills”): 51,601,153 for, 3,734,358 withheld, per its Form 8-K filed April 26, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 101 asset managers below reported 32,460,379 for, 2,064,794 withheld, 22,281 abstained.

FOR
FOR: 32,460,379ABSTAIN: 22,281WITHHOLD: 2,064,794
Largest asset managers voting on “Election of Directors: Steven R. Mills” at BLACK HILLS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard8,019,5840 00For
BlackRock6,667,5800 00For
Capital Group3,251,7220 00For
Fidelity1,617,8060 00For
State Street1,406,6010 0919For
UNDISCOVERED MANAGERS FUNDS1,332,1130 00For
TIAA00 0966,101Withhold
Charles Schwab810,5420 00For
ProShares752,2810 00For
Dimensional723,2800 00For
Invesco00 0721,481Withhold
MFS714,0060 00For
John Hancock713,6070 00For
JANUS INVESTMENT FUND674,0680 00For
Equitable312,4960 0134,146Mixed
DNP SELECT INCOME FUND INC389,7000 00For
Columbia Threadneedle350,3160 00For
WisdomTree260,6840 00For
FIRST EAGLE FUNDS243,4330 00For
Bridge Builder Trust218,4550 22,2810Mixed
FRANKLIN VALUE INVESTORS TRUST235,1100 00For
Lincoln Financial218,7500 00For
Goldman Sachs217,8140 00For
First Trust216,5000 00For
GLENMEDE FUND INC215,0470 00For

Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.

4. Elect Director: Tony A. Jensen

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 54,703,750WITHHELD: 631,761
Details: description as filed, official tally, votes by 101 asset managers

Description as filed by funds: Election of Directors: Tony A. Jensen

BLACK HILLS CORP.’s own tally for this item (“Elect Director: Tony A. Jensen”): 54,703,750 for, 631,761 withheld, per its Form 8-K filed April 26, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 101 asset managers below reported 34,399,033 for, 148,421 withheld.

FOR
FOR: 34,399,033WITHHOLD: 148,421
Largest asset managers voting on “Election of Directors: Tony A. Jensen” at BLACK HILLS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard8,019,5840 00For
BlackRock6,667,5800 00For
Capital Group3,251,7220 00For
Fidelity1,617,8060 00For
State Street1,407,1480 0372For
UNDISCOVERED MANAGERS FUNDS1,332,1130 00For
TIAA966,1010 00For
Charles Schwab810,5420 00For
ProShares752,2810 00For
Dimensional723,2800 00For
Invesco721,4810 00For
MFS714,0060 00For
John Hancock713,6070 00For
JANUS INVESTMENT FUND674,0680 00For
Equitable312,4960 0134,146Mixed
DNP SELECT INCOME FUND INC389,7000 00For
Columbia Threadneedle350,3160 00For
WisdomTree260,6840 00For
FIRST EAGLE FUNDS243,4330 00For
Bridge Builder Trust240,7360 00For
FRANKLIN VALUE INVESTORS TRUST235,1100 00For
Lincoln Financial218,7500 00For
Goldman Sachs217,8140 00For
First Trust216,5000 00For
GLENMEDE FUND INC215,0470 00For

Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.

5. 3. On an advisory and non-binding basis, the compensation of the Company's named executive officers, as disclosed in…

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 7 wordings of this item as funds reported it.

97% Approved · of votes cast

FOR 97%
FOR: 53,514,178AGAINST: 1,535,455
Details: description as filed, official tally, votes by 378 asset managers

Description as filed by funds: ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION.

BLACK HILLS CORP.’s own tally for this item (“3. On an advisory and non-binding basis, the compensation of the Company's named executive officers, as disclosed in the proxy statement”): 53,514,178 for, 1,535,455 against — passed, per its Form 8-K filed April 26, 2024 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Shareholders approved, on an advisory and non-binding basis, the compensation of the Company's named executive officers, as disclosed in the proxy statement.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 105 asset managers voting on “ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION.” at BLACK HILLS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard8,019,5840 00For
BlackRock6,667,5800 00For
Capital Group3,251,7220 00For
Fidelity1,617,8060 00For
State Street1,407,5200 00For
UNDISCOVERED MANAGERS FUNDS1,332,1130 00For
TIAA966,1010 00For
Charles Schwab810,5420 00For
ProShares752,2810 00For
Dimensional723,2800 00For
Invesco721,4810 00For
MFS714,0060 00For
John Hancock713,6070 00For
JANUS INVESTMENT FUND674,0680 00For
Gabelli459,0000 00For
Equitable446,6420 00For
DNP SELECT INCOME FUND INC389,7000 00For
Columbia Threadneedle350,3160 00For
WisdomTree260,6840 00For
FIRST EAGLE FUNDS243,4330 00For
Bridge Builder Trust240,7360 00For
FRANKLIN VALUE INVESTORS TRUST235,1100 00For
Lincoln Financial218,7500 00For
Goldman Sachs217,8140 00For
First Trust216,5000 00For

Fund voting reports, all 105 managers: 34,779,816 for, 228,401 against, 13,903 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 304 asset managers voting on “ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION.” at BLACK HILLS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
State Street3,661,2980 00For
Capital Research Global Investors3,251,7220 00For
BlackRock2,658,3680 00For
FULLER & THALER ASSET MANAGEMENT, INC.1,496,9530 00For
GEODE CAPITAL MANAGEMENT, LLC1,495,8520 00For
Nuveen1,186,6940 00For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/904,3620 00For
Charles Schwab824,8040 00For
Invesco791,0690 00For
Northern Trust790,2750 00For
MELLON INVESTMENTS Corp765,3810 00For
John Hancock727,4990 00For
Janus Henderson694,0210 00For
Man Group plc439,3300 00For
OLD REPUBLIC INTERNATIONAL CORP416,0000 00For
Prudential/PGIM367,0100 00For
AQR360,6570 00For
JPMorgan606321,103 00Against
PRINCIPAL GLOBAL INVESTORS296,9700 00For
FRANKLIN MUTUAL ADVISERS LLC265,9640 00For
First Eagle Investment Management, LLC265,1400 00For
Legal & General Investment Management Ltd0251,913 00Against
Goldman Sachs238,2870 00For
Victory Capital233,5090 00For
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM228,7800 00For

Institutional-manager reports, all 304 managers: 27,876,948 for, 909,233 against, 200 withheld, 854 abstained, 894 not voted, 8,767 1 year. Showing the 25 largest; see all in the interactive database.

6. 2. A proposal to ratify the appointment of Deloitte & Touche LLP to serve as our independent registered public…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 5 wordings of this item as funds reported it.

98% Approved · of votes cast

FOR 98%
FOR: 59,476,065AGAINST: 1,028,898
Details: description as filed, official tally, votes by 105 asset managers

Description as filed by funds: RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP TO SERVE AS BLACK HILLS CORPORATION'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2024.

BLACK HILLS CORP.’s own tally for this item (“2. A proposal to ratify the appointment of Deloitte & Touche LLP to serve as our independent registered public accounting firm for the year 2024”): 59,476,065 for, 1,028,898 against — passed, per its Form 8-K filed April 26, 2024 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Shareholders approved a proposal to ratify the appointment of Deloitte & Touche LLP to serve as our independent registered public accounting firm for the year 2024.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 105 asset managers below reported 35,007,784 for, 433 against, 13,903 abstained.

FOR
FOR: 35,007,784AGAINST: 433ABSTAIN: 13,903
Largest asset managers voting on “RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP TO SERVE AS BLACK HILLS CORPORATION'S INDEPENDENT REG” at BLACK HILLS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard8,019,5840 00For
BlackRock6,667,5800 00For
Capital Group3,251,7220 00For
Fidelity1,617,8060 00For
State Street1,407,292228 00For
UNDISCOVERED MANAGERS FUNDS1,332,1130 00For
TIAA966,1010 00For
Charles Schwab810,5420 00For
ProShares752,2810 00For
Dimensional723,2800 00For
Invesco721,4810 00For
MFS714,0060 00For
John Hancock713,6070 00For
JANUS INVESTMENT FUND674,0680 00For
Gabelli459,0000 00For
Equitable446,6420 00For
DNP SELECT INCOME FUND INC389,7000 00For
Columbia Threadneedle350,3160 00For
WisdomTree260,6840 00For
FIRST EAGLE FUNDS243,4330 00For
Bridge Builder Trust240,7360 00For
FRANKLIN VALUE INVESTORS TRUST235,1100 00For
Lincoln Financial218,7500 00For
Goldman Sachs217,8140 00For
First Trust216,5000 00For

Showing the 25 largest of 105 asset managers. See all 105 in the interactive database.

Largest BLACK HILLS CORP. shareholders voting in 2023-2024

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 68,000,000 shares outstanding at the time of that meeting.

Fund voting reports: top BLACK HILLS CORP. shareholders by shares voted on “ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION.”, 2023-2024
#Asset manager % of shares outstanding
1Vanguard 11.79%
2BlackRock 9.81%
3Capital Group 4.78%
4Fidelity 2.38%
5State Street 2.07%
6UNDISCOVERED MANAGERS FUNDS 1.96%
7TIAA 1.42%
8Charles Schwab 1.19%
9ProShares 1.11%
10Dimensional 1.06%
Institutional-manager reports: top BLACK HILLS CORP. shareholders by shares voted on “ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION.”, 2023-2024
#Asset manager % of shares outstanding
1State Street 5.38%
2Capital Research Global Investors 4.78%
3BlackRock 3.91%
4FULLER & THALER ASSET MANAGEMENT, INC. 2.20%
5GEODE CAPITAL MANAGEMENT, LLC 2.20%
6Nuveen 1.75%
7MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 1.33%
8Charles Schwab 1.21%
9Invesco 1.16%
10Northern Trust 1.16%

Reported BLACK HILLS CORP. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

BLACK HILLS CORP. holdings and ownership disclosed for the 2023-2024 proxy season
Holder % outstanding Disclosure
BlackRock 16.67% 13F
Hudson Yards 14.89% DEF14A
Vanguard Group 13.22% 13F
Vanguard Blvd. 11.98% DEF14A
State Street Financial Center 5.39% DEF14A
Geode Capital 2.27% 13F
Nuveen 1.76% 13F
Charles Schwab 1.66% 13F
BNY Mellon 1.39% 13F
Goldman Sachs 1.38% 13F

Percentages above are of 68,000,000 shares outstanding, as reported by BLACK HILLS CORP. on its Form 10-K dated December 31, 2023 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from BLACK HILLS CORP.’s 10-K dated December 31, 2023. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At BLACK HILLS CORP.'s shareholder meeting held April 23, 2024, in the 2023-2024 proxy season, 383 asset managers reported how they voted on 6 ballot items in their SEC Form N-PX filings, covering 2,673 separate fund positions. On the most widely held item on that ballot — ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION. — BLACK HILLS CORP.'s filing reports the proposal as approved, with 97% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: BLACK HILLS CORP.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on April 26, 2024.

BLACK HILLS CORP. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.