
New England Power Company PFD 6%
NEWENStock · quarterly payer
Forward Yield
5.98%
Annual Dividend
$6.00
Payout Ratio
—
5-Yr Growth
0.0%
Ex-Date
—
Frequency
Quarterly
Key facts about NEWEN's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, New England Power Company PFD 6% (NEWEN) has a forward dividend yield of 5.98%, based on an annual dividend of $6.00 per share and a share price of $100.29.
- As of Oct 18, 2026, NEWEN's dividend safety grade from SmarterDividends is A (82 out of 100), which rates the dividend as very safe.
- NEWEN has never cut its regular dividend in the payment history SmarterDividends has on record.
- NEWEN's most recent ex-dividend date was Sep 17, 2026, for a dividend of $1.50 per share.
- NEWEN's dividend has been roughly flat over the past five years.
- As of Oct 18, 2026, NEWEN's 5.98% yield is 12% above its five-year average yield of 5.35%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for NEWEN is $78.52 per share, 22% below the $100.29 share price, so NEWEN screens as overvalued.
- New England Power Company PFD 6% (NEWEN) pays its dividend quarterly, 4 times a year.
- New England Power Company PFD 6% (NEWEN) has raised its regular dividend 0 times and cut it 0 times across the 56 payments on record since 2012. The regular dividend has not changed in that time.
Cite this page
SmarterDividends, "NEWEN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/NEWEN
Summary
As of Oct 18, 2026, New England Power Company PFD 6% (NEWEN) yields 5.98% ($6.00 a year per share) and has a dividend safety grade of A (82/100).
Is NEWEN a good dividend stock?
YesNew England Power Company PFD 6% (NEWEN) pays a quarterly dividend yielding 5.98% ($6.00/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
- 5.98%
- Payout Ratio
- —
- Annual Dividend
- $6.00
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -24%
- 52-Week Range
- $100.04 – $160.49
- Dividend Safety
- A · 82/100
- Ever Cut?
- No
NEWEN dividend raises and cuts
New England Power Company PFD 6% (NEWEN) has raised its regular dividend 0 times and cut it 0 times across the 56 payments on record since 2012. The regular dividend has not changed in that time.
Frequently Asked Questions
Is NEWEN a good dividend stock?
Yes. New England Power Company PFD 6% (NEWEN) pays a quarterly dividend yielding 5.98% ($6.00/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 NEWEN undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NEWEN's fair value is about $78.52 versus a $100.29 share price — so it looks overvalued (-22% vs. fair value).
Is NEWEN's dividend safe?
NEWEN has a dividend-safety grade of A (82/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is NEWEN's fair value?
Our blended fair-value estimate for NEWEN is about $78.52 per share, about 22% below the current $100.29 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is NEWEN a buy, hold, or sell?
We don't issue formal ratings, but on the data NEWEN screens as "yes" and overvalued. New England Power Company PFD 6% (NEWEN) pays a quarterly dividend yielding 5.98% ($6.00/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 NEWEN cut its dividend?
NEWEN earns a dividend-safety grade of A (82/100), 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 NEWEN pay a dividend?
Yes. New England Power Company PFD 6% pays a quarterly dividend of about $6.00 per share annually, a forward yield of roughly 5.98%.
What is NEWEN's dividend yield?
As of Oct 18, 2026, NEWEN's forward dividend yield is 5.98%, based on a $6.00 annual dividend and a $100.29 share price.
What is NEWEN's dividend per share?
As of Oct 18, 2026, NEWEN pays $6.00 per share per year, distributed on a quarterly basis.
How many years has NEWEN grown its dividend?
NEWEN does not currently have a long dividend-growth streak on record.
When is the next NEWEN ex-dividend date?
As of Oct 18, 2026, NEWEN's next ex-dividend date hasn't been announced. The most recent was Sep 17, 2026, for $1.50 per share.
NEWEN Price — Last 12 Months
Daily close
Price Return
1 Year
+0%
3 Years
-2%
5 Years
-24%
52-Week Range
$100.04 – $160.49
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NEWEN worth?
Overvaluedlow confidenceOur blended fair-value estimate for New England Power Company PFD 6% is $78.52 per share, versus a market price of $100.29. That implies 22% of downside.
Fair Value
$78.52
Current Price
$100.29
Downside
-22%
Margin of Safety
-28%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $6.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NEWEN 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 NEWEN dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 17, 2026 | Oct 1, 2026 | $1.5000 | regular |
| Jun 17, 2026 | Jul 1, 2026 | $1.5000 | regular |
| Mar 18, 2026 | Apr 1, 2026 | $1.5000 | regular |
| Dec 19, 2025 | Jan 2, 2026 | $1.5000 | regular |
| Sep 17, 2025 | Oct 1, 2025 | $1.5000 | regular |
| Jun 17, 2025 | Jul 1, 2025 | $1.5000 | regular |
| Mar 18, 2025 | Apr 1, 2025 | $1.5000 | regular |
| Dec 19, 2024 | Jan 2, 2025 | $1.5000 | regular |
| Sep 17, 2024 | Oct 1, 2024 | $1.5000 | regular |
| Jun 17, 2024 | Jul 1, 2024 | $1.5000 | regular |
| Mar 15, 2024 | Apr 1, 2024 | $1.5000 | regular |
| Dec 18, 2023 | Jan 2, 2024 | $1.5000 | regular |
| Sep 15, 2023 | Oct 2, 2023 | $1.5000 | regular |
| Jun 16, 2023 | Jul 3, 2023 | $1.5000 | regular |
Income Calculator
At $6.00 / yr per share
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