Good is the Lord [our] the heavenly King. I. Watts. [Psalm lxv.—Spring.] First published in his Psalms of David, &c, 1719, in 6 stanzas of 4 lines and entitled, "The Blessings of Spring; or, God gives Rain." It is found in several modern hymn-books, and sometimes abbreviated as in the New Congregational Hymn Book, 1859. Another hymn beginning, "Good is the Lord, our heavenly King," appeared in Bickersteth's Christian Psalmody, 1833, No. 498, with the ascription to "Watts" in the Index. The first stanza is stanza i. of this version of Psalm lxv., with our for the; the remaining three, each beginning, "Good is the Lord," are by another hand.
--John Julian, Dictionary of Hymnology (1907)