SmarterDividends
CWEN

Clearway Energy, Inc.

CWEN

Utilities · Utilities - Renewable · Stock · quarterly payer

$31.41

Fairly valued · -14% Add to Portfolio

Forward Yield

5.91%

Annual Dividend

$1.86

Payout Ratio

237%

5-Yr Growth

11.0%

Ex-Date

Sep 1, 2026

Frequency

Quarterly

Key facts about CWEN's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Clearway Energy, Inc. (CWEN) has a forward dividend yield of 5.91%, based on an annual dividend of $1.86 per share and a share price of $31.41.
  • As of Oct 27, 2026, CWEN's dividend safety grade from SmarterDividends is C (59 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Clearway Energy, Inc. (CWEN) has raised its dividend for 6 consecutive years as of Oct 27, 2026.
  • CWEN last cut its regular dividend in 2019.
  • CWEN's most recent ex-dividend date was Sep 1, 2026, for a dividend of $0.48 per share.
  • As of Oct 27, 2026, CWEN pays out 237% of its trailing 12-month earnings as dividends (its payout ratio).
  • CWEN's dividend has grown at an average rate of 11.0% a year over the past five years.
  • As of Oct 27, 2026, CWEN's 5.91% yield is 13% above its five-year average yield of 5.23%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for CWEN is $26.97 per share, 14% below the $31.41 share price, so CWEN screens as fairly valued.
  • Clearway Energy, Inc. (CWEN) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "CWEN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/CWEN

Summary

As of Oct 27, 2026, Clearway Energy, Inc. (CWEN) yields 5.91% ($1.86 a year per share), has a dividend safety grade of C (59/100) and has 6 consecutive years of dividend increases on record.

Is CWEN a good dividend stock?

Yes, with caveats

Clearway Energy, Inc. (CWEN) pays a quarterly dividend yielding 5.91% ($1.86/yr), with 6 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Strong 11.0% 5-yr dividend growth

Risks

  • Cut its dividend in 2019
  • Elevated payout ratio (237%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
5.91%
Payout Ratio
237%
Annual Dividend
$1.86
5-Yr Avg Growth
11.0%
Ex-Dividend Date
Sep 1, 2026
Years of Growth
6
Frequency
quarterly
Beta
0.89
Market Cap
$7.7B
P/E Ratio
40.8
5-Yr Total Return
-17%
52-Week Range
$28.57 – $41.74
Dividend Safety
C · 59/100
Ever Cut?
Yes (2019)

CWEN dividend changes

Clearway Energy, Inc. (CWEN) pays a variable dividend: across the 46 payments on record since 2015, 40 were higher than the one before and 1 lower. The latest change was up 1.5% to $0.475 per share, going ex-dividend on Sep 1, 2026.

Ex-dateChangeOld → newMove
Sep 1, 2026Higher$0.468 → $0.475+1.5%
Jun 1, 2026Higher$0.460 → $0.468+1.7%
Mar 2, 2026Higher$0.453 → $0.460+1.5%
Dec 1, 2025Higher$0.446 → $0.453+1.6%
Sep 2, 2025Higher$0.438 → $0.446+1.8%
Jun 2, 2025Higher$0.431 → $0.438+1.6%
Mar 3, 2025Higher$0.424 → $0.431+1.7%
Dec 2, 2024Higher$0.417 → $0.424+1.7%
Sep 3, 2024Higher$0.410 → $0.417+1.7%
Jun 3, 2024Higher$0.403 → $0.410+1.7%
Feb 29, 2024Higher$0.396 → $0.403+1.8%
Nov 30, 2023Higher$0.389 → $0.396+1.8%
Every CWEN payment →Download every raise and cut (CSV)
CWEN ex-dividend date & scheduleNext ex-date Sep 1, 2026 · full ex-dividend historyView →CWEN dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is CWEN a good dividend stock?

Yes, with caveats. Clearway Energy, Inc. (CWEN) pays a quarterly dividend yielding 5.91% ($1.86/yr), with 6 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is CWEN undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CWEN's fair value is about $26.97 versus a $31.41 share price — so it looks fairly valued (-14% vs. fair value).

Is CWEN's dividend safe?

CWEN has a dividend-safety grade of C (59/100), based on its payout coverage, free-cash-flow, 6-year growth streak, a dividend cut in 2019, debt and yield-versus-history.

What is CWEN's fair value?

Our blended fair-value estimate for CWEN is about $26.97 per share, about 14% below the current $31.41 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CWEN a buy, hold, or sell?

We don't issue formal ratings, but on the data CWEN screens as "yes, with caveats" and fairly valued. Clearway Energy, Inc. (CWEN) pays a quarterly dividend yielding 5.91% ($1.86/yr), with 6 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will CWEN cut its dividend?

CWEN earns a dividend-safety grade of C (59/100), and has cut its dividend before (last in 2019). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does CWEN pay a dividend?

Yes. Clearway Energy, Inc. pays a quarterly dividend of about $1.86 per share annually, a forward yield of roughly 5.91%.

What is CWEN's dividend yield?

As of Oct 27, 2026, CWEN's forward dividend yield is 5.91%, based on a $1.86 annual dividend and a $31.41 share price.

What is CWEN's dividend per share?

As of Oct 27, 2026, CWEN pays $1.86 per share per year, distributed on a quarterly basis.

What is CWEN's dividend payout ratio?

As of Oct 27, 2026, CWEN's payout ratio is 237% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has CWEN grown its dividend?

As of Oct 27, 2026, CWEN has increased its dividend for 6 consecutive years.

When is the next CWEN ex-dividend date?

As of Oct 27, 2026, CWEN's next ex-dividend date hasn't been announced. The most recent was Sep 1, 2026, for $0.48 per share.

CWEN Dividend News

CWEN
IncreaseCWEN·Sep 3, 2026

Clearway Energy Raises Quarterly Dividend 1.5%

Clearway Energy increased its quarterly dividend to $0.475 per share, extending its dividend-growth streak to 6 consecutive years.

CWEN
IncreaseCWEN·Jun 12, 2026

Clearway Energy Raises Quarterly Dividend to $0.468

Clearway Energy increased its quarterly dividend to $0.468 per share, extending its dividend-growth streak to 6 consecutive years.

Income Calculator

At $1.86 / yr per share

Per payment (quarterly)$46.50
Annual$186.00
Monthly avg$15.50

Similar Dividend Stocks

NEENEENextEra Energy, Inc.3.04%30 yrSOSOThe Southern Company3.28%25 yrDUKDUKDuke Energy Corporation3.49%21 yrCEGCEGConstellation Energy Corporation0.68%Utilities

Compare CWEN

CWEN vs NEECWEN vs SOCWEN vs DUKCWEN vs CEG

Explore more

Lists and tools related to CWEN