
The Connecticut Light and Power Company
CNLTPUtilities · Utilities - Regulated Electric · Stock · quarterly payer
Forward Yield
6.58%
Annual Dividend
$2.20
Payout Ratio
—
5-Yr Growth
0.0%
Ex-Date
Oct 9, 2026
Frequency
Quarterly
Key facts about CNLTP's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, The Connecticut Light and Power Company (CNLTP) has a forward dividend yield of 6.58%, based on an annual dividend of $2.20 per share and a share price of $33.43.
- As of Oct 27, 2026, CNLTP's dividend safety grade from SmarterDividends is A (94 out of 100), which rates the dividend as very safe.
- CNLTP has never cut its regular dividend in the payment history SmarterDividends has on record.
- CNLTP's most recent ex-dividend date was Oct 9, 2026, for a dividend of $0.55 per share.
- CNLTP's dividend has been roughly flat over the past five years.
- As of Oct 27, 2026, CNLTP's 6.58% yield is 21% above its five-year average yield of 5.42%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for CNLTP is $28.79 per share, 14% below the $33.43 share price, so CNLTP screens as fairly valued.
- The Connecticut Light and Power Company (CNLTP) pays its dividend quarterly, 4 times a year.
- The Connecticut Light and Power Company (CNLTP) has raised its regular dividend 0 times and cut it 0 times across the 129 payments on record since 1994. The regular dividend has not changed in that time.
Cite this page
SmarterDividends, "CNLTP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/CNLTP
Summary
As of Oct 27, 2026, The Connecticut Light and Power Company (CNLTP) yields 6.58% ($2.20 a year per share) and has a dividend safety grade of A (94/100).
Is CNLTP a good dividend stock?
YesThe Connecticut Light and Power Company (CNLTP) pays a quarterly dividend yielding 6.58% ($2.20/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
- 6.58%
- Payout Ratio
- —
- Annual Dividend
- $2.20
- 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
- -34%
- 52-Week Range
- $33.42 – $37.53
- Dividend Safety
- A · 94/100
- Ever Cut?
- No
CNLTP dividend raises and cuts
The Connecticut Light and Power Company (CNLTP) has raised its regular dividend 0 times and cut it 0 times across the 129 payments on record since 1994. The regular dividend has not changed in that time.
Frequently Asked Questions
Is CNLTP a good dividend stock?
Yes. The Connecticut Light and Power Company (CNLTP) pays a quarterly dividend yielding 6.58% ($2.20/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 CNLTP undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CNLTP's fair value is about $28.79 versus a $33.43 share price — so it looks fairly valued (-14% vs. fair value).
Is CNLTP's dividend safe?
CNLTP has a dividend-safety grade of A (94/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is CNLTP's fair value?
Our blended fair-value estimate for CNLTP is about $28.79 per share, about 14% below the current $33.43 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is CNLTP a buy, hold, or sell?
We don't issue formal ratings, but on the data CNLTP screens as "yes" and fairly valued. The Connecticut Light and Power Company (CNLTP) pays a quarterly dividend yielding 6.58% ($2.20/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 CNLTP cut its dividend?
CNLTP earns a dividend-safety grade of A (94/100), 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 CNLTP pay a dividend?
Yes. The Connecticut Light and Power Company pays a quarterly dividend of about $2.20 per share annually, a forward yield of roughly 6.58%.
What is CNLTP's dividend yield?
As of Oct 27, 2026, CNLTP's forward dividend yield is 6.58%, based on a $2.20 annual dividend and a $33.43 share price.
What is CNLTP's dividend per share?
As of Oct 27, 2026, CNLTP pays $2.20 per share per year, distributed on a quarterly basis.
How many years has CNLTP grown its dividend?
CNLTP does not currently have a long dividend-growth streak on record.
When is the next CNLTP ex-dividend date?
As of Oct 27, 2026, CNLTP's next ex-dividend date hasn't been announced. The most recent was Oct 9, 2026, for $0.55 per share.
CNLTP Price — Last 12 Months
Daily close
Price Return
1 Year
-9%
3 Years
-3%
5 Years
-34%
52-Week Range
$33.42 – $37.53
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CNLTP worth?
Fairly valuedlow confidenceOur blended fair-value estimate for The Connecticut Light and Power Company is $28.79 per share, versus a market price of $33.43. That implies the stock is roughly fairly priced.
Fair Value
$28.79
Current Price
$33.43
Gap
-14%
Margin of Safety
-16%
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, $2.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CNLTP 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 CNLTP dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 9, 2026 | Nov 1, 2026 | $0.5500 | regular |
| Jul 10, 2026 | Aug 1, 2026 | $0.5500 | regular |
| Apr 10, 2026 | May 1, 2026 | $0.5500 | regular |
| Jan 9, 2026 | Feb 1, 2026 | $0.5500 | regular |
| Oct 10, 2025 | Nov 1, 2025 | $0.5500 | regular |
| Jul 10, 2025 | Aug 1, 2025 | $0.5500 | regular |
| Apr 10, 2025 | May 1, 2025 | $0.5500 | regular |
| Jan 10, 2025 | Feb 1, 2025 | $0.5500 | regular |
| Oct 10, 2024 | Nov 1, 2024 | $0.5500 | regular |
| Jul 10, 2024 | Aug 1, 2024 | $0.5500 | regular |
| Apr 9, 2024 | May 1, 2024 | $0.5500 | regular |
| Jan 9, 2024 | Feb 1, 2024 | $0.5500 | regular |
| Oct 6, 2023 | Nov 1, 2023 | $0.5500 | regular |
| Jul 7, 2023 | Aug 1, 2023 | $0.5500 | regular |
Income Calculator
At $2.20 / yr per share
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