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NWE Northwestern Energy Group Inc — dividend yield, history & ex-dividend dates

NASDAQ Global Select· Quarterly dividend· Common Stock · Utilities / Regulated Electric

$74.72 ▲ $0.87(1.18%) as of Oct 19, 2026 06:20 UTC
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NorthWestern Corporation, which conducts business under the name NorthWestern Energy, supplies electricity and natural gas to residential, commercial, and diverse industrial clients. The company organizes its operations into two primary divisions: Electric and Natural Gas. In its Electric segment, NorthWestern Energy is responsible for generating, procuring, transmitting, and distributing electrical power. For its Natural Gas segment, the firm undertakes the production, purchase, storage, transmission, and delivery of natural gas, additionally holding local government authorizations to provide gas services in various communities. The company's extensive infrastructure in Montana encompasses 6,819 miles of electric transmission lines, 18,177 miles of electric distribution lines, and roughly 400 transmission and distribution substations. Its natural gas network in Montana features 2,166 miles of transmission lines, 4,945 miles of distribution lines, and approximately 138 city gate stations. Furthermore, in South Dakota, NorthWestern Energy manages 1,308 miles of electric transmission and 2,320 miles of electric distribution lines. Its natural gas facilities in South Dakota include 55 miles of transmission lines, while a combined 2,517 miles of natural gas distribution lines serve both South Dakota and Nebraska. Collectively, NorthWestern Energy caters to approximately 753,600 customers situated across Montana, South Dakota, Nebraska, and Yellowstone National Park. The corporation was founded in 1923 and is based in Sioux Falls, South Dakota.

Dividend Snapshot

StatusGrowing
Last Dividend$0.6700Paid Sep 01, 2026
Forward Annual$2.68From the $0.6700 dividend declared Jul 29, 2026
FrequencyQuarterly
Last Ex-DateAug 17, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth1.5%Annual totals, 2024–2025
10-Yr Growth3.2%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

47/100

Mixed indicators

Complete data

Dividend Growth Score

46/100

Moderate growth record

Complete data

Dividend Value Score

3/100

Well above own historical valuation

Complete data

DividendRank

34/100

Lower middle of the scale

Complete data

How the Dividend Safety Score is built for NWE
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 95% (TTM to Jun 30, 2026) 28 35%
FCF payout ratioFree cash flow negative (TTM to Jun 30, 2026) 0 5%
Net debt / EBITDANet debt / EBITDA 6.1x (TTM to Jun 30, 2026) 41 20%
Interest coverageInterest coverage 2.1x (TTM to Jun 30, 2026) 32 10%
Dividend record18 years of uninterrupted regular payments 81 20%
Earnings stabilityNet income positive in 5 of the last 5 fiscal years (FY2021–FY2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: utility. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for NWE
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 1.9% (2020–2025) 44 25%
Consecutive annual increases17 consecutive annual increases (through 2025) 89 20%
Payout headroomHeadroom from the earnings payout ratio 95% (TTM to Jun 30, 2026) 9 20%
Earnings per share growth (3 years)EPS CAGR -3.3% (FY2022–FY2025) 24 15%
Revenue growth (3 years)Revenue CAGR 2.9% (FY2022–FY2025) 65 10%
10-year dividend growth10-year dividend CAGR 3.2% (2015–2025) 57 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: utility. Formula version 2026-10-19.4.

How the Dividend Value Score is built for NWE
Dividend Value Score inputs, points and weights
InputValuePointsWeight
Yield vs own historyCurrent yield at the 0th percentile of its 120 month-end yields 0 40%
P/E vs own 5-year medianP/E 27.0 is 1.70x its 5-year median of 15.9 0 25%
FCF yieldFCF yield -4.2% (TTM to Jun 30, 2026) 0 20%
P/E vs peersP/E 27.0 vs peer median 21.1 (1.28x; 50 utility / Utilities securities) 23 15%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: utility. Formula version 2026-10-19.4.

Key Metrics

Current Yield

3.59%

At the Oct 19, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$2.6800

Declared Jul 29, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

63

As of Oct 19, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$59.09 – $75.26

Closes through Oct 16, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

95.02%

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

18

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

1.59

Price as of Oct 18, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 47/100, yield 3.59%.
A Accelerating
17 consecutive years of dividend increases.
F Flawless
No calendar year's regular dividend total fell more than 20% below the year before, and no suspension of the regular dividend is on record.
E Enduring
18 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNASDAQ Global SelectThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume292,569Oct 16, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$74.17Oct 16, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$73.89 – $75.16Oct 16, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$73.85Close of Oct 15, 2026The closing price from the session before the one dated beside these figures.
Market Cap$4.60BAs of Oct 19, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out61.52MImplied by market cap, Oct 19, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$2.7912 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)26.8Price as of Oct 18, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateAug 17, 2026Paid Sep 01, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)1.6%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)1.9%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases17 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose17Since Mar 2008
Rank among payers610of 2,435 with a record
Years it fell over 20%0in 17 comparable years
Of peers with 10 to 24 up years75%also cut at some point

NWE has raised its annual dividend in 17 separate years since March 2008, which ranks 610 among the 2,435 payers with a comparable record in our dataset. No year in that span saw the annual total fall by more than a fifth.

Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 278 of 1079 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.

Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.

Why the Yield Moved (90 Days)

NWE's dividend yield fell from 3.70% to 3.59% over the past ~90 days (-0.11 pp). Of that move, +0.00 pp came from changes in the dividend rate and -0.11 pp from the share price ($72.53 on Jul 22, 2026 → $74.72 on Oct 19, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current3.59%
1-Yr Average3.89%
Low / High3.56% – 4.75%
Percentile0%

Across 275 daily observations over the past 13 months (through Oct 16, 2026), NWE's current yield is higher than approximately 0% of them. Our stored price history for NWE covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.6700 Q Special Jul 29, 2026 Aug 17, 2026 Aug 17, 2026 Sep 01, 2026
$0.6700 Q Regular Apr 29, 2026 Jun 15, 2026 Jun 15, 2026 Jun 30, 2026
$0.6700 Q Regular Feb 11, 2026 Mar 13, 2026 Mar 13, 2026 Mar 31, 2026
$0.6600 Q Regular Oct 29, 2025 Dec 15, 2025 Dec 15, 2025 Dec 31, 2025
$0.6600 Q Regular Jul 30, 2025 Sep 15, 2025 Sep 15, 2025 Sep 30, 2025
$0.6600 Q Regular Apr 29, 2025 Jun 13, 2025 Jun 13, 2025 Jun 30, 2025
$0.6600 Q Regular Feb 12, 2025 Mar 14, 2025 Mar 14, 2025 Mar 31, 2025
$0.6500 Q Regular Oct 28, 2024 Dec 13, 2024 Dec 13, 2024 Dec 31, 2024
$0.6500 Q Regular Jul 30, 2024 Sep 13, 2024 Sep 13, 2024 Sep 30, 2024
$0.6500 Q Regular Apr 25, 2024 Jun 14, 2024 Jun 14, 2024 Jun 28, 2024
$0.6500 Q Regular Feb 14, 2024 Mar 14, 2024 Mar 15, 2024 Mar 29, 2024
$0.6400 Q Regular Oct 26, 2023 Dec 14, 2023 Dec 15, 2023 Dec 29, 2023
$0.6400 Q Regular Jul 24, 2023 Sep 14, 2023 Sep 15, 2023 Sep 29, 2023
$0.6400 Q Regular Apr 27, 2023 Jun 14, 2023 Jun 15, 2023 Jun 30, 2023
$0.6400 Q Regular Feb 16, 2023 Mar 14, 2023 Mar 15, 2023 Mar 31, 2023
$0.6300 Q Regular Oct 25, 2022 Dec 14, 2022 Dec 15, 2022 Dec 30, 2022
$0.6300 Q Regular Jul 27, 2022 Sep 14, 2022 Sep 15, 2022 Sep 30, 2022
$0.6300 Q Regular Apr 28, 2022 Jun 14, 2022 Jun 15, 2022 Jun 30, 2022
$0.6300 Q Regular Feb 10, 2022 Mar 14, 2022 Mar 15, 2022 Mar 31, 2022
$0.6200 Q Regular Oct 25, 2021 Dec 14, 2021 Dec 15, 2021 Dec 31, 2021
$0.6200 Q Regular Jul 27, 2021 Sep 14, 2021 Sep 15, 2021 Sep 30, 2021
$0.6200 Q Regular Apr 21, 2021 Jun 14, 2021 Jun 15, 2021 Jun 30, 2021
$0.6200 Q Regular Feb 11, 2021 Mar 12, 2021 Mar 15, 2021 Mar 31, 2021
$0.6000 Q Regular Oct 21, 2020 Dec 14, 2020 Dec 15, 2020 Dec 31, 2020
$0.6000 Q Regular Jul 28, 2020 Sep 14, 2020 Sep 15, 2020 Sep 30, 2020
$0.6000 Q Regular Apr 22, 2020 Jun 12, 2020 Jun 15, 2020 Jun 30, 2020
$0.6000 Q Regular Feb 12, 2020 Mar 12, 2020 Mar 13, 2020 Mar 31, 2020
$0.5750 Q Regular Oct 29, 2019 Dec 12, 2019 Dec 13, 2019 Dec 31, 2019
$0.5750 Q Regular Jul 23, 2019 Sep 12, 2019 Sep 13, 2019 Sep 30, 2019
$0.5750 Q Regular Apr 23, 2019 Jun 13, 2019 Jun 14, 2019 Jun 28, 2019
$0.5750 Q Regular Feb 12, 2019 Mar 14, 2019 Mar 15, 2019 Mar 29, 2019
$0.5500 Q Regular Oct 23, 2018 Dec 13, 2018 Dec 14, 2018 Dec 31, 2018
$0.5500 Q Regular Jul 19, 2018 Sep 13, 2018 Sep 14, 2018 Sep 28, 2018
$0.5500 Q Regular Apr 24, 2018 Jun 14, 2018 Jun 15, 2018 Jun 29, 2018
$0.5500 Q Regular Feb 12, 2018 Mar 14, 2018 Mar 15, 2018 Mar 30, 2018
$0.5250 Q Regular Nov 01, 2017 Dec 14, 2017 Dec 15, 2017 Dec 29, 2017
$0.5250 Q Regular Jul 26, 2017 Sep 14, 2017 Sep 15, 2017 Sep 29, 2017
$0.5250 Q Regular Apr 27, 2017 Jun 13, 2017 Jun 15, 2017 Jun 30, 2017
$0.5250 Q Regular Feb 17, 2017 Mar 13, 2017 Mar 15, 2017 Mar 31, 2017
$0.5000 Q Regular Oct 20, 2016 Dec 13, 2016 Dec 15, 2016 Dec 30, 2016
$0.5000 Q Regular Jul 22, 2016 Sep 13, 2016 Sep 15, 2016 Sep 30, 2016
$0.5000 Q Regular Apr 20, 2016 Jun 13, 2016 Jun 15, 2016 Jun 30, 2016
$0.5000 Q Regular Feb 11, 2016 Mar 11, 2016 Mar 15, 2016 Mar 31, 2016
$0.4800 Q Regular Oct 22, 2015 Dec 11, 2015 Dec 15, 2015 Dec 31, 2015
$0.4800 Q Regular Jul 23, 2015 Sep 11, 2015 Sep 15, 2015 Sep 30, 2015
$0.4800 Q Regular Apr 23, 2015 Jun 11, 2015 Jun 15, 2015 Jun 30, 2015
$0.4800 Q Regular Feb 12, 2015 Mar 11, 2015 Mar 13, 2015 Mar 31, 2015
$0.4000 Q Regular Oct 23, 2014 Dec 11, 2014 Dec 15, 2014 Dec 31, 2014
$0.4000 Q Regular Jul 24, 2014 Sep 11, 2014 Sep 15, 2014 Sep 30, 2014
$0.4000 Q Regular Apr 24, 2014 Jun 11, 2014 Jun 13, 2014 Jun 30, 2014
$0.4000 Q Regular Feb 19, 2014 Mar 12, 2014 Mar 14, 2014 Mar 31, 2014
$0.3800 Q Regular Oct 24, 2013 Dec 11, 2013 Dec 13, 2013 Dec 31, 2013
$0.3800 Q Regular Jul 25, 2013 Sep 11, 2013 Sep 13, 2013 Sep 30, 2013
$0.3800 Q Regular Apr 25, 2013 Jun 12, 2013 Jun 14, 2013 Jun 30, 2013
$0.3800 Q Regular Feb 14, 2013 Mar 13, 2013 Mar 15, 2013 Mar 31, 2013
$0.3700 Q Regular Oct 24, 2012 Dec 12, 2012 Dec 14, 2012 Dec 31, 2012
$0.3700 Q Regular Jul 27, 2012 Sep 12, 2012 Sep 14, 2012 Sep 30, 2012
$0.3700 Q Regular Apr 26, 2012 Jun 13, 2012 Jun 15, 2012 Jun 30, 2012
$0.3700 Q Regular Feb 16, 2012 Mar 13, 2012 Mar 15, 2012 Mar 31, 2012
$0.3600 Q Regular Oct 26, 2011 Dec 13, 2011 Dec 15, 2011 Dec 31, 2011
$0.3600 Q Regular Jul 27, 2011 Sep 13, 2011 Sep 15, 2011 Sep 30, 2011
$0.3600 Q Regular Apr 27, 2011 Jun 13, 2011 Jun 15, 2011 Jun 30, 2011
$0.3600 Q Regular Feb 11, 2011 Mar 11, 2011 Mar 15, 2011 Mar 31, 2011
$0.3400 Q Regular Oct 28, 2010 Dec 13, 2010 Dec 15, 2010 Dec 31, 2010
$0.3400 Q Regular Jul 29, 2010 Sep 13, 2010 Sep 15, 2010 Sep 30, 2010
$0.3400 Q Regular Apr 23, 2010 Jun 11, 2010 Jun 15, 2010 Jun 30, 2010
$0.3400 Q Regular Feb 17, 2010 Mar 11, 2010 Mar 15, 2010 Mar 31, 2010
$0.3350 Q Regular Oct 29, 2009 Dec 11, 2009 Dec 15, 2009 Dec 31, 2009
$0.3350 Q Regular Jul 31, 2009 Sep 11, 2009 Sep 15, 2009 Sep 30, 2009
$0.3350 Q Regular Apr 23, 2009 Jun 11, 2009 Jun 15, 2009 Jun 30, 2009
$0.3350 Q Regular Feb 13, 2009 Mar 11, 2009 Mar 15, 2009 Mar 31, 2009
$0.3300 Q Regular Oct 30, 2008 Dec 11, 2008 Dec 15, 2008 Dec 31, 2008
$0.3300 Q Regular Jul 31, 2008 Sep 11, 2008 Sep 15, 2008 Sep 30, 2008
$0.3300 Q Regular May 23, 2008 Jun 11, 2008 Jun 15, 2008 Jun 30, 2008
$0.3300 Q Regular Feb 29, 2008 Mar 12, 2008 Mar 15, 2008 Mar 31, 2008

Peer Comparison

Selected Regulated Electric dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
EIX Edison International 6.28% 5.2% 20 yrs 80
NEE NextEra Energy, Inc. 3.12% 10.1% 30 yrs 80
PEG Public Service Enterprise Group Incorporated 3.75% 5.2% 14 yrs 77
AEE Ameren Corporation 2.83% 7.3% 12 yrs 70

NWE dividend — frequently asked questions

Does Northwestern Energy Group Inc pay a dividend?

Yes. Northwestern Energy Group Inc (NWE) currently pays a dividend. The annualized dividend is about $2.68 per share, a yield of approximately 3.59%.

What is Northwestern Energy Group Inc's dividend yield?

Northwestern Energy Group Inc's dividend yield is approximately 3.59%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Northwestern Energy Group Inc pay dividends?

Northwestern Energy Group Inc pays dividends quarterly — 4 times per year.

How long has Northwestern Energy Group Inc paid dividends?

Northwestern Energy Group Inc has 18 years of dividend payments on record, and has increased its dividend for 17 consecutive years.

Data updated Oct 19, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.

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