SmarterDividends
NEWEN

New England Power Company PFD 6%

NEWEN

Stock · quarterly payer

$100.29

Overvalued · -22% Add to Portfolio

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?

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.

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.

NEWEN ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →NEWEN dividend historyEvery payment, totals by year, raises and cutsView →

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.