
The Connecticut Light and Power Company
CNLPLUtilities · Utilities - Regulated Electric · Stock · quarterly payer
Forward Yield
6.41%
Annual Dividend
$3.24
Payout Ratio
—
5-Yr Growth
0.0%
Ex-Date
Dec 10, 2026
Frequency
Quarterly
Key facts about CNLPL's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, The Connecticut Light and Power Company (CNLPL) has a forward dividend yield of 6.41%, based on an annual dividend of $3.24 per share and a share price of $50.55.
- As of Oct 27, 2026, CNLPL's dividend safety grade from SmarterDividends is A (95 out of 100), which rates the dividend as very safe.
- CNLPL has never cut its regular dividend in the payment history SmarterDividends has on record.
- CNLPL's next ex-dividend date is Dec 10, 2026, with payment on Jan 1, 2027. Shares must be owned before that date to receive the dividend.
- CNLPL's dividend has been roughly flat over the past five years.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for CNLPL is $42.40 per share, 16% below the $50.55 share price, so CNLPL screens as overvalued.
- The Connecticut Light and Power Company (CNLPL) pays its dividend quarterly, 4 times a year.
- The Connecticut Light and Power Company (CNLPL) has raised its regular dividend 0 times and cut it 0 times across the 100 payments on record since 2001. The regular dividend has not changed in that time.
Cite this page
SmarterDividends, "CNLPL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/CNLPL
Summary
As of Oct 27, 2026, The Connecticut Light and Power Company (CNLPL) yields 6.41% ($3.24 a year per share) and has a dividend safety grade of A (95/100).
Is CNLPL a good dividend stock?
YesThe Connecticut Light and Power Company (CNLPL) pays a quarterly dividend yielding 6.41% ($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
- 6.41%
- Payout Ratio
- —
- Annual Dividend
- $3.24
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Dec 10, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- 0.7
- 5-Yr Total Return
- -11%
- 52-Week Range
- $50.55 – $54.00
- Dividend Safety
- A · 95/100
- Ever Cut?
- No
CNLPL dividend raises and cuts
The Connecticut Light and Power Company (CNLPL) has raised its regular dividend 0 times and cut it 0 times across the 100 payments on record since 2001. The regular dividend has not changed in that time.
Frequently Asked Questions
Is CNLPL a good dividend stock?
Yes. The Connecticut Light and Power Company (CNLPL) pays a quarterly dividend yielding 6.41% ($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.
Is CNLPL undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CNLPL's fair value is about $42.40 versus a $50.55 share price — so it looks overvalued (-16% vs. fair value).
Is CNLPL's dividend safe?
CNLPL has a dividend-safety grade of A (95/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is CNLPL's fair value?
Our blended fair-value estimate for CNLPL is about $42.40 per share, about 16% below the current $50.55 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is CNLPL a buy, hold, or sell?
We don't issue formal ratings, but on the data CNLPL screens as "yes" and overvalued. The Connecticut Light and Power Company (CNLPL) pays a quarterly dividend yielding 6.41% ($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. This is research for your own analysis, not investment advice.
Will CNLPL cut its dividend?
CNLPL earns a dividend-safety grade of A (95/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does CNLPL pay a dividend?
Yes. The Connecticut Light and Power Company pays a quarterly dividend of about $3.24 per share annually, a forward yield of roughly 6.41%.
What is CNLPL's dividend yield?
As of Oct 27, 2026, CNLPL's forward dividend yield is 6.41%, based on a $3.24 annual dividend and a $50.55 share price.
What is CNLPL's dividend per share?
As of Oct 27, 2026, CNLPL pays $3.24 per share per year, distributed on a quarterly basis.
How many years has CNLPL grown its dividend?
CNLPL does not currently have a long dividend-growth streak on record.
When is the next CNLPL ex-dividend date?
As of Oct 27, 2026, the next ex-dividend date on record for CNLPL is Dec 10, 2026.
CNLPL Price — Last 12 Months
Daily close
Price Return
1 Year
-5%
3 Years
+1%
5 Years
-11%
52-Week Range
$50.55 – $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 $42.40 per share, versus a market price of $50.55. That implies 16% of downside.
Fair Value
$42.40
Current Price
$50.55
Downside
-16%
Margin of Safety
-19%
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% growth for five years fading to 2.5% over the next five, $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
Full CNLPL dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 10, 2026 | Oct 1, 2026 | $0.8100 | regular |
| Jun 10, 2026 | Jul 1, 2026 | $0.8100 | regular |
| Mar 10, 2026 | Apr 1, 2026 | $0.8100 | regular |
| Dec 10, 2025 | Jan 1, 2026 | $0.8100 | regular |
| Sep 10, 2025 | Oct 1, 2025 | $0.8100 | regular |
| Jun 10, 2025 | Jul 1, 2025 | $0.8100 | regular |
| Mar 10, 2025 | Apr 1, 2025 | $0.8100 | regular |
| Dec 10, 2024 | Jan 1, 2025 | $0.8100 | regular |
| Sep 10, 2024 | Oct 1, 2024 | $0.8100 | regular |
| Jun 10, 2024 | Jul 1, 2024 | $0.8100 | regular |
| Mar 7, 2024 | Apr 1, 2024 | $0.8100 | regular |
| Dec 7, 2023 | Jan 1, 2024 | $0.8100 | regular |
| Sep 7, 2023 | Oct 1, 2023 | $0.8100 | regular |
| Jun 8, 2023 | Jul 1, 2023 | $0.8100 | regular |
Income Calculator
At $3.24 / yr per share
Similar Dividend Stocks
Compare CNLPL
Explore more
Lists and tools related to CNLPL
- Stocks that pay dividends in October →
- Safest dividend stocks →
- Utilities dividend stocks →
- CNLPL dividend calculator →
- CNLPL DRIP calculator →
- CNLPL: last day to buy for the dividend →
- Embed CNLPL dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →
