The Connecticut Light and Power Company
CNLPLUtilities · Stock · quarterly payer
Forward Yield
6.11%
Annual Dividend
$3.24
Payout Ratio
—
5-Yr Growth
0.0%
Ex-Date
Sep 10, 2026
Frequency
Quarterly
Summary
As of July 2026, The Connecticut Light and Power Company (CNLPL) yields 6.11% ($3.24 per share annually), with a blended fair-value estimate of $43.81 — -17% downside, so it screens as overvalued. Dividend safety grade: A (95/100).
Is CNLPL a good dividend stock?
YesThe Connecticut Light and Power Company (CNLPL) pays a quarterly dividend yielding 6.11% ($3.24/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.11%
- Payout Ratio
- —
- Annual Dividend
- $3.24
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Sep 10, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- 0.7
- 5-Yr Total Return
- -12%
- 52-Week Range
- $51.20 – $54.00
- Dividend Safety
- A · 95/100
- Ever Cut?
- No
Frequently Asked Questions
CNLPL Price — Last 12 Months
Daily close
Price Return
1 Year
+2%
3 Years
+1%
5 Years
-12%
52-Week Range
$51.20 – $54.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CNLPL worth?
Overvaluedlow confidenceOur blended fair-value estimate for The Connecticut Light and Power Company is $43.81 per share, versus a market price of $53.00. That implies 17% of downside.
Fair Value
$43.81
Current Price
$53.00
Downside
-17%
Margin of Safety
-21%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), 0.0% stage-1 growth, 2.5% terminal growth, $74.69 EPS, $3.24 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CNLPL Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 10, 2026 | — | $0.8100 | regular |
| Mar 10, 2026 | — | $0.8100 | regular |
| Dec 10, 2025 | — | $0.8100 | regular |
| Sep 10, 2025 | — | $0.8100 | regular |
| Jun 10, 2025 | — | $0.8100 | regular |
| Mar 10, 2025 | — | $0.8100 | regular |
| Dec 10, 2024 | — | $0.8100 | regular |
| Sep 10, 2024 | — | $0.8100 | regular |
| Jun 10, 2024 | — | $0.8100 | regular |
| Mar 7, 2024 | — | $0.8100 | regular |
| Dec 7, 2023 | — | $0.8100 | regular |
| Sep 7, 2023 | — | $0.8100 | regular |
| Jun 8, 2023 | — | $0.8100 | regular |
| Mar 9, 2023 | — | $0.8100 | regular |
Income Calculator
At $3.24 / yr per share
