
The Connecticut Light and Power Company
CNLTLUtilities · Utilities - Regulated Electric · Stock · quarterly payer
Forward Yield
6.63%
Annual Dividend
$1.90
Payout Ratio
—
5-Yr Growth
0.0%
Ex-Date
Oct 9, 2026
Frequency
Quarterly
Key facts about CNLTL's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, The Connecticut Light and Power Company (CNLTL) has a forward dividend yield of 6.63%, based on an annual dividend of $1.90 per share and a share price of $28.65.
- As of Oct 27, 2026, CNLTL's dividend safety grade from SmarterDividends is A (92 out of 100), which rates the dividend as very safe.
- CNLTL has never cut its regular dividend in the payment history SmarterDividends has on record.
- CNLTL's most recent ex-dividend date was Oct 9, 2026, for a dividend of $0.48 per share.
- CNLTL's dividend has been roughly flat over the past five years.
- As of Oct 27, 2026, CNLTL's 6.63% yield is 26% above its five-year average yield of 5.26%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for CNLTL is $24.86 per share, 13% below the $28.65 share price, so CNLTL screens as fairly valued.
- The Connecticut Light and Power Company (CNLTL) pays its dividend quarterly, 4 times a year.
- The Connecticut Light and Power Company (CNLTL) has raised its regular dividend 0 times and cut it 0 times across the 90 payments on record since 2004. The regular dividend has not changed in that time.
Cite this page
SmarterDividends, "CNLTL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/CNLTL
Summary
As of Oct 27, 2026, The Connecticut Light and Power Company (CNLTL) yields 6.63% ($1.90 a year per share) and has a dividend safety grade of A (92/100).
Is CNLTL a good dividend stock?
YesThe Connecticut Light and Power Company (CNLTL) pays a quarterly dividend yielding 6.63% ($1.90/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
- 6.63%
- Payout Ratio
- —
- Annual Dividend
- $1.90
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Oct 9, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- 0.4
- 5-Yr Total Return
- -40%
- 52-Week Range
- $28.52 – $33.00
- Dividend Safety
- A · 92/100
- Ever Cut?
- No
CNLTL dividend raises and cuts
The Connecticut Light and Power Company (CNLTL) has raised its regular dividend 0 times and cut it 0 times across the 90 payments on record since 2004. The regular dividend has not changed in that time.
Frequently Asked Questions
Is CNLTL a good dividend stock?
Yes. The Connecticut Light and Power Company (CNLTL) pays a quarterly dividend yielding 6.63% ($1.90/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 CNLTL undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CNLTL's fair value is about $24.86 versus a $28.65 share price — so it looks fairly valued (-13% vs. fair value).
Is CNLTL's dividend safe?
CNLTL has a dividend-safety grade of A (92/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is CNLTL's fair value?
Our blended fair-value estimate for CNLTL is about $24.86 per share, about 13% below the current $28.65 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is CNLTL a buy, hold, or sell?
We don't issue formal ratings, but on the data CNLTL screens as "yes" and fairly valued. The Connecticut Light and Power Company (CNLTL) pays a quarterly dividend yielding 6.63% ($1.90/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 CNLTL cut its dividend?
CNLTL earns a dividend-safety grade of A (92/100), 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 CNLTL pay a dividend?
Yes. The Connecticut Light and Power Company pays a quarterly dividend of about $1.90 per share annually, a forward yield of roughly 6.63%.
What is CNLTL's dividend yield?
As of Oct 27, 2026, CNLTL's forward dividend yield is 6.63%, based on a $1.90 annual dividend and a $28.65 share price.
What is CNLTL's dividend per share?
As of Oct 27, 2026, CNLTL pays $1.90 per share per year, distributed on a quarterly basis.
How many years has CNLTL grown its dividend?
CNLTL does not currently have a long dividend-growth streak on record.
When is the next CNLTL ex-dividend date?
As of Oct 27, 2026, CNLTL's next ex-dividend date hasn't been announced. The most recent was Oct 9, 2026, for $0.48 per share.
CNLTL Price — Last 12 Months
Daily close
Price Return
1 Year
-10%
3 Years
-3%
5 Years
-40%
52-Week Range
$28.52 – $33.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CNLTL worth?
Fairly valuedlow confidenceOur blended fair-value estimate for The Connecticut Light and Power Company is $24.86 per share, versus a market price of $28.65. That implies the stock is roughly fairly priced.
Fair Value
$24.86
Current Price
$28.65
Gap
-13%
Margin of Safety
-15%
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, $1.90 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CNLTL 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 CNLTL dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 9, 2026 | Nov 1, 2026 | $0.4750 | regular |
| Jul 10, 2026 | Aug 1, 2026 | $0.4750 | regular |
| Apr 10, 2026 | May 1, 2026 | $0.4750 | regular |
| Jan 9, 2026 | Feb 1, 2026 | $0.4750 | regular |
| Oct 10, 2025 | Nov 1, 2025 | $0.4750 | regular |
| Jul 10, 2025 | Aug 1, 2025 | $0.4750 | regular |
| Apr 10, 2025 | May 1, 2025 | $0.4750 | regular |
| Jan 10, 2025 | Feb 1, 2025 | $0.4750 | regular |
| Oct 10, 2024 | Nov 1, 2024 | $0.4750 | regular |
| Jul 10, 2024 | Aug 1, 2024 | $0.4750 | regular |
| Apr 9, 2024 | May 1, 2024 | $0.4750 | regular |
| Jan 9, 2024 | Feb 1, 2024 | $0.4750 | regular |
| Oct 6, 2023 | Nov 1, 2023 | $0.4750 | regular |
| Jul 7, 2023 | Aug 1, 2023 | $0.4750 | regular |
Income Calculator
At $1.90 / yr per share
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