Black Hills Corporation
Black Hills Corporation (NYSE: BKH) is trading at $70.27, about ₹6,750 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 0.77% today. Indian residents can buy Black Hills from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$69.18
Today's high
$70.52
52 week low
$59.33
52 week high
$78.69
BKH opened at $69.56, closed previously at $69.73, and has traded between $59.33 and $78.69 over the past 52 weeks.
About
Black Hills Corporation operates as an American utility firm, delivering both electric power and natural gas through its subsidiaries. Its business is organized into two primary divisions: Electric Utilities and Gas Utilities. The Electric Utilities segment is responsible for generating, transmitting, and distributing electricity to approximately 218,000 customers spanning Colorado, Montana, South Dakota, and Wyoming. This division manages 1,481.5 megawatts of power generation capacity and maintains 8,892 miles of electric transmission and distribution lines. Electric power generation is diversified, utilizing wind, natural gas, and coal-fired plants, and the company also operates a coal mine near Gillette, Wyoming. Conversely, the Gas Utilities segment provides natural gas to roughly 1,094,000 utility clients across Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. This operation includes overseeing 4,732 miles of intrastate gas transmission pipelines, 41,644 miles of gas distribution mains and service lines, six natural gas storage facilities, around 50,000 horsepower of compression, and 515 miles of gathering lines. Beyond these core utility offerings, Black Hills Corporation also constructs and maintains gas infrastructure for various gas transportation customers. It provides appliance repair services for residential utility subscribers and offers electrical system construction to large industrial clients. Founded in 1941, the company's headquarters are situated in Rapid City, South Dakota.
Key statistics
Avg. volume
922.97K
Market cap
$5.35B
P/E Ratio
17.66
Price-to-sales ratio
2.33
Enterprise value
$9.59B
Free cash flow yield
-2.89%
Debt-to-equity ratio
1.14
Return on equity
7.63%
ROIC
4.63%
Beta
0.69
Dividend yield
3.96%
Last dividend
$2.79
Financial overview
Revenue
$2.31B
Earnings per share
$3.99
Free cash flow
-$146.40M
Net profit margin
13.00%
Gross margin
42.92%
EBITDA
$827.40M
Revenue growth
8.57%
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This is not an investment recommendation
How to buy Black Hills from India
Indian residents can buy Black Hills shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Black Hills and place an order
Find Black Hills by name or by its ticker, BKH, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Black Hills trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Black Hills position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Black Hills from India
Trading and taxes when buying Black Hills from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Black Hills’ current yield is 3.96%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Black Hills stock?
Yes. Black Hills (BKH) has been listed on the New York Stock Exchange since 1973, in the Regulated Gas industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Black Hills share cost in rupees?
One Black Hills share is $70.27 — about ₹6,750 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Black Hills price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Black Hills from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Black Hills?
Yes. One Black Hills share is $70.27, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Black Hills.
How are gains on Black Hills shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Black Hills price. Paasa issues a capital-gains statement for your return.
Does Black Hills pay a dividend, and how is it taxed in India?
Yes. Black Hills pays a dividend and the current yield is 3.96%; the last declared dividend was $2.79 per share, about ₹267.53. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Black Hills from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Black Hills shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Black Hills shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Black Hills holding, its cost and its closing value.
How do I sell Black Hills and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.