Trailing Dividend / Share
$2.63
Northwestern Energy Group Inc (NWE) Dividend History
Income profile from 2008 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.7%
Payout Ratio
89.1%
At Risk
Dividend Streak
20 years
NWE Dividend Income Check
Safety
89.1% payout ratio with at risk safety profile.
Consistency
20 straight years of dividend increases.
Income Trend
Yield on cost is 4.6% and trend is rising.
NWE Dividend Scorecard
Yield & Income
Dividend Yield3.7%
Trailing DPS$2.63
FrequencySemi-Annual
Payments / 12M5
Payout Safety
Earnings Payout89.1%
Earnings SafetyAt Risk
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score5/9
Growth
Growth Streak20 years
3Y CAGR1.6%
5Y CAGR1.9%
Yield on Cost (5Y)4.6%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield3.7%
1Y Total Return27.0%
5Y Total Return22.6%
Div Contribution (5Y)18.8%
Estimated $10K growth (return + dividends):
5Y ago$12,25610Y ago$16,38520Y ago$30,670
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
NWE Income Growth Story
Dividend per share and yield on cost over time (19 years of payments)
NWE Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Northwestern Energy Group Inc distributes 89.1% of earnings as dividends (At Risk).
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
NWE has raised its dividend for 20 consecutive years, with a 3-year CAGR of 1.6% and 5-year CAGR of 1.9%.
Total Shareholder Returns
Beyond cash dividends, NWE returns capital through share repurchases. The combined picture: 3.7% dividend yield, 3.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.6% and is currently rising. The 5-year total return is 22.6%, with dividends contributing 18.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $16,385 today.
Elevated payout ratio — dividend sustainability should be monitored closely.
NWE Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$12.90
Avg/Payment$0.6450
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 15, 2026Latest | $0.6700 | — | 3.64% | Jun 30, 2026 |
| Mar 13, 2026 | $0.6700 | ↑ +1.5% | 3.87% | Mar 31, 2026 |
| Dec 15, 2025 | $0.6600 | — | 3.96% | Dec 31, 2025 |
| Sep 15, 2025 | $0.6600 | — | 4.64% | Sep 30, 2025 |
| Jun 13, 2025 | $0.6600 | — | 5.08% | Jun 30, 2025 |
| Mar 14, 2025 | $0.6600 | ↑ +1.5% | 4.65% | Mar 31, 2025 |
| Dec 13, 2024 | $0.6500 | — | 5.11% | Dec 31, 2024 |
| Sep 13, 2024 | $0.6500 | — | 4.63% | Sep 30, 2024 |
NWE Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
3.7%
#4 of 9
Safety
At Risk
89.1% payout
Streak
20Y
1.9% 5Y CAGR
Total Shareholder
3.7%
#4 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| NWENorthwestern Energy … | $4.4B | 3.7% | 89.1% | 20 | At Risk |
1st  AVAAvista Corporation | $3.3B | 4.8% | 82.4% | 22 | Watch |
 OTTROtter Tail Corporati… | $3.7B | 2.4% | 31.9% | 11 | Sustainable |
 IDAIDACORP, Inc. | $8.0B | 2.4% | 58.3% | 15 | Sustainable |
2nd  PORPortland General Ele… | $5.6B | 4.2% | 73.5% | 11 | Watch |
 MGEEMGE Energy, Inc. | $3.0B | 2.3% | 49.7% | 30 | Sustainable |
 BKHBlack Hills Corporat… | $5.6B | 3.7% | 67.9% | 10 | Watch |
3rd  NWNNorthwest Natural Ho… | $2.0B | 3.9% | 68.2% | 7 | Watch |
 SRSpire Inc. | $5.1B | 3.6% | 67.1% | 12 | Watch |
NWE Annual Dividend History (1994–2026)
33 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.34 | — | 2 | — | — | — | 2.3% |
| 2025 | $2.64 | 1.5% | 4 | $2.94 | 89.8% | 1.11x | 4.6% |
| 2024 | $2.60 | 1.6% | 4 | $3.65 | 71.2% | 1.40x | 4.5% |
| 2023 | $2.56 | 1.6% | 4 | $3.22 | 79.5% | 1.26x | 4.5% |
| 2022 | $2.52 | 1.6% | 4 | $3.25 | 77.5% | 1.29x | 4.4% |
| 2021 | $2.48 | 3.3% | 4 | $3.60 | 68.9% | 1.45x | 4.3% |
| 2020 | $2.40 | 4.3% | 4 | $3.06 | 78.4% | 1.27x | 4.2% |
| 2019 | $2.30 | 4.5% | 4 | $3.98 | 57.8% | 1.73x | 4.0% |
| 2018 | $2.20 | 4.8% | 4 | $3.92 | 56.1% | 1.78x | 3.8% |
| 2017 | $2.10 | 5.0% | 4 | $3.34 | 62.9% | 1.59x | 3.7% |
See NWE's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonNWE — Frequently Asked Questions
Quick answers to the most common questions about buying NWE stock.
How much dividend does NWE pay per share?
Northwestern Energy Group Inc (NWE) pays a trailing 12-month dividend of $2.63 per share, with a current dividend yield of +3.7%. Payments are made Semi-Annual.
When is NWE's next ex-dividend date?
NWE's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. NWE typically pays dividends Semi-Annual.
Is NWE's dividend safe?
NWE's dividend safety is rated "At Risk" based on an earnings payout ratio of +89.1% and FCF payout ratio of N/A. With 20 consecutive years of dividend growth, the track record supports sustainability.
Is NWE a Dividend Achiever?
Yes, Northwestern Energy Group Inc is classified as a Dividend Achiever with 20 consecutive years of dividend increases. The 5-year dividend CAGR is +1.9%, demonstrating modest dividend growth.
How often does NWE pay dividends?
Northwestern Energy Group Inc pays dividends Semi-Annual. The trailing 12-month total is $2.63 per share. Dividend data on this page covers 18+ years from 2008 to 2026.
How much would $10,000 invested in NWE grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in NWE five years ago would be worth approximately $12,256 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is NWE's yield on cost for long-term holders?
NWE's yield on cost — the current dividend divided by the original purchase price — is +4.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.7% market yield, thanks to consistent dividend growth.