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NorthWestern Energy Group, Inc. (NWE) logo

NorthWestern Energy Group, Inc.

S&P 500

NWE/Utilities · Utilities - Regulated Electric/NASDAQ

Dividend Yield

3.80%

$2.66 · Annual Dividend

Stock Price$71.44P/E25.7MCap4.3BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

57/ 100Caution

NWE's dividend shows some areas that warrant monitoring. Strengths include a 42.7% cfo payout ratio & 118.4 debt-to-equity. Areas of concern: 97.4% earnings payout ratio & 109.6% fcf payout ratio. As a utility, higher payout ratios and leverage are typical for this regulated sector.

Based on 15 of 15 metrics

Strengths

  • Gross Margin: 55.8%High gross margin signals strong pricing power.
  • Profit Margin Stability: Very StableProfit margins have stayed stable through cycles.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.

Risks

  • FCF Payout Ratio: 109.6%Free cash flow is tight relative to the dividend.
  • Earnings Payout Ratio: 97.4%High earnings payout ratio leaves little safety margin.
  • Interest Coverage: 2.2xInterest coverage is thin relative to debt servicing.

Payout & Coverage

Warning

Balance Sheet

Caution

Profitability

Safe
5.8%Warning
55.8%Very Safe
Very StableVery Safe

Dividend Track Record

Safe
11+ yrsVery Safe
NoneVery Safe

About NorthWestern Energy Group, Inc.

NorthWestern Energy Group, Inc. is a utility company that provides electricity and natural gas to residential, commercial, and industrial customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. It owns and operates a diverse generation fleet including wind, hydro, natural gas, coal, and solar resources, along with high-voltage electric transmission and distribution systems, as well as natural gas production, transmission, storage, and distribution infrastructure. The company conducts its Montana and Yellowstone National Park operations through its subsidiary NW Corp, and South Dakota and Nebraska operations through NWE Public Service. NorthWestern Energy Group, Inc. emphasizes a balanced energy mix to deliver safe, reliable, and affordable power, with a strong foundation in carbon-free hydro facilities. It serves hundreds of communities across its territories, focusing on investments in infrastructure reliability, system enhancements, and sustainability initiatives that meet current needs while supporting long-term energy demands. Headquartered in Sioux Falls, South Dakota, the company plays a vital role in powering the Upper Midwest and Northwest regions through regulated utility services.

Dividend Overview

Dividend Yield

3.80%

Annual Dividend

$2.66

Frequency

Quarterly

Payout Ratio

97.43%

FCF Payout Ratio

109.59%

52-Week Range

$50.54 - $75.18

Dividend History (2016–2025)

NWE annual dividend per share and yield history

Earnings & Profitability

NWE earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

June 15, 2026

Next Payment Date

June 30, 2026

Dividend Growth

3-Year Dividend CAGR

1.56%

5-Year Dividend CAGR

1.92%

10-Year Dividend CAGR

3.24%

3-Year Total Growth

4.76%

5-Year Total Growth

10.00%

10-Year Total Growth

37.50%

Income Calculator

NWE Dividend Calculator

Total Investment

$7,144.00

Annual Income

$266.00

Quarterly Income

$66.50

Monthly Income

$22.17

Frequently Asked Questions

What is NWE's current dividend yield?
NorthWestern Energy Group, Inc. (NWE) currently has a dividend yield of 3.80%, based on a stock price of $71.44 and an annual dividend of $2.66.
When is NWE's next dividend payment date?
NWE's next ex-dividend date is 2026-06-15 and the next payment date is 2026-06-30. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does NWE pay in dividends per year?
NorthWestern Energy Group, Inc. paid $2.64 per share in annual dividends in 2025. The dividends are paid quarterly.
Has NWE been increasing its dividend?
NorthWestern Energy Group, Inc. has grown its dividend at a 5-year CAGR of 1.92% and a 10-year CAGR of 3.24%.
Is NWE's dividend safe?
NorthWestern Energy Group, Inc. has a payout ratio of 97.43%. Its free cash flow payout ratio is 109.59%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is NWE's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates NorthWestern Energy Group, Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for utilities companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.