NWE Dividend History & Analysis | 4.1% Yield

NWE has a dividend yield of 4.1% and paid 2.66 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.11%
Payout Ratio 72.5%
Growth Rate CAGR 5y 1.6%
Consistency Lifetime 100%
Yield on Cost 5y 5.4%
Payout FCF -
Streak Years 5
Dividend Rating 60%
Chowder Number yield + growth 5.7% below 12% target for healthy growth
Yield vs Average 5y -4.4% avg 4.3% vs now 4.11%
Debt / EBITDA leverage 5.7x elevated
Income per 10k invested 411 USD per year
Dividends Cash Amount per Share Yearly NWE annual dividends paid per share, showing the total cash NorthWestern distributed to shareholders each year.
Dividend Growth Year over Year NWE year-over-year dividend growth rate, showing how NorthWestern's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History NWE dividend yield history versus share price over the past 5 years, showing how NorthWestern's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Multi-Utilities

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ACE MI
ACEA S.p.A.
5,260 M 5.52% 8.06%
RENE LS
REN - Redes Energéticas
2,871 M 4.64% 8.92%
VIE PA
Veolia Environnement VE
30,965 M 4.40% 7.33%
BIP NYSE
Brookfield Infrastructure
29,428 M 4.90% 5.99%
AVA NYSE
Avista
3,360 M 4.95% 5.85%
NGG NYSE
National Grid
79,791 M 4.06% 6.73%
NWE NASDAQ
NorthWestern
4,387 M 4.11% 5.44%
D NYSE
Dominion Energy
61,416 M 4.34% 4.42%
BKH NYSE
Black Hills
5,493 M 3.99% 5.05%
ED NYSE
Consolidated Edison
41,640 M 3.29% 5.64%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
VIE PA
Veolia Environnement VE
30,965 M 11.21% 100.0%
CNP NYSE
CenterPoint Energy
28,783 M 7.55% 100.0%
DTE NYSE
DTE Energy
32,003 M 7.11% 100.0%
WEC NYSE
WEC Energy
37,989 M 7.03% 100.0%
AEE NYSE
Ameren
31,270 M 6.37% 100.0%
NI NYSE
NiSource
22,471 M 6.11% 100.0%
BIP NYSE
Brookfield Infrastructure
29,428 M 6.04% 100.0%
CMS NYSE
CMS Energy
24,012 M 5.59% 100.0%
PEG NYSE
Public Service Enterprise
40,254 M 5.36% 100.0%
ACE MI
ACEA S.p.A.
5,260 M 8.31% 99.0%

NWE Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan - -
Feb - -
Mar 1.14% 100
Apr - -
May - -
Jun 1.15% 100
Jul - -
Aug - -
Sep 1.16% 100
Oct - -
Nov - -
Dec 1.13% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-15 2026-06-15 2026-06-30 Quarterly 0.67 0% 0.96%
2026-03-13 2026-03-13 2026-03-31 Quarterly 0.67 +1.5% 1%
2025-12-15 2025-12-15 2025-12-31 Quarterly 0.66 0% 0.98%
2025-09-15 2025-09-15 2025-09-30 Quarterly 0.66 0% 1.17%
2025-06-13 2025-06-13 2025-06-30 Quarterly 0.66 0% 1.27%
2025-03-14 2025-03-14 2025-03-31 Quarterly 0.66 +1.5% 1.2%
2024-12-13 2024-12-13 2024-12-31 Quarterly 0.65 0% 1.28%
2024-09-13 2024-09-13 2024-09-30 Quarterly 0.65 0% 1.18%
2024-06-14 2024-06-14 2024-06-28 Quarterly 0.65 0% 1.32%
2024-03-14 2024-03-15 2024-03-29 Quarterly 0.65 +1.6% 1.33%
2023-12-14 2023-12-15 2023-12-29 Quarterly 0.64 0% 1.21%
2023-09-14 2023-09-15 2023-09-29 Quarterly 0.64 0% 1.26%
2023-06-14 2023-06-15 2023-06-30 Quarterly 0.64 0% 1.1%
2023-03-14 2023-03-15 2023-03-31 Quarterly 0.64 +1.6% 1.14%
2022-12-14 2022-12-15 2022-12-30 Quarterly 0.63 0% 1.08%
2022-09-14 2022-09-15 2022-09-30 Quarterly 0.63 0% 1.18%
2022-06-14 2022-06-15 2022-06-30 Quarterly 0.63 0% 1.11%
2022-03-14 2022-03-15 2022-03-31 Quarterly 0.63 +1.6% 1.05%
2021-12-14 2021-12-15 2021-12-31 Quarterly 0.62 0% 1.12%
2021-09-14 2021-09-15 2021-09-30 Quarterly 0.62 0% 0.99%

NWE Dividend FAQ

What is the Dividend Yield of NWE?

As of July 2026, NWE's dividend yield is 4.11%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.66 USD by the current share price of 70.33.

Does NWE pay a dividend?

As of July 2026, NWE paid a dividend of 2.66 USD in the last 12 months. The last dividend was paid on 2026-06-15 and the payout was 0.67 USD.

How often does NWE pay dividends?

NWE pays dividends quarterly. Over the last 12 months, NWE has issued 4 dividend payments. The last dividend payment was made on 2026-06-15.

NWE dividend forecast

Based on historical data, the forecasted dividends per share for NWE for the next payments are between 0.666 (-0.6%) and 0.676 (+0.9%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 3.81%.

Will NWE pay dividends in 2026?

The latest dividend paid per share was 0.67 USD with an Ex-Dividend Date of 2026-06-15. The next Ex-Dividend date for NorthWestern (NWE) is currently unknown.

What is the next Ex-Dividend Date for NWE?

The next Ex-Dividend date for NorthWestern (NWE) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of NWE?

NWE's average dividend growth rate over the past 5 years is 1.56% per year. Weak growth: NWE's dividend growth is lower than inflation.

What is the Yield on Cost of NWE?

NWE's 5-Year Yield on Cost is 5.44%. If you bought NWE's shares at 48.89 USD five years ago, your current annual dividend income (2.66 USD per share, trailing 12 months) equals 5.44% of your original purchase price.

What is the Payout Consistency of NWE?

NWE Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: NorthWestern has a strong track record of consistent dividend payments over its lifetime.

Does NWE have a good Dividend Yield?

NWE's 4.11% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of NWE?

The Dividend Payout Ratio of NWE is 72.5%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of NWE?

NWE's Overall Dividend Rating is 59.98%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NWE Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in NWE's Outstanding Shares?

NorthWestern's outstanding shares have increased by approximately 1.47% annually over the past 3 years (Trend Reliability: 77.5%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has NWE ever had a Stock Split?

Yes, the last stock split was on Oct 2, 2023 with a ratio of 1:1. This was a reverse split: Multiple shares were consolidated into fewer shares, increasing the price per share. This is sometimes used to meet exchange listing requirements and can be a warning sign if the company is struggling.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2011 37,000,000 0%
2012 37,000,000 0%
2013 38,000,000 +2.7%
2014 40,000,000 +5.26%
2015 48,000,000 +20%
2016 48,000,000 0%
2017 49,000,000 +2.08%
2018 50,000,000 +2.04%
2019 51,000,000 +2%
2020 51,000,000 0%
2021 52,000,000 +1.96%
2022 56,000,000 +7.69%
2023 60,000,000 +7.14%
2024 61,000,000 +1.67%
2025 62,000,000 +1.64%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-06-30 03:31 UTC