SmarterDividends
NMPWP

Niagara Mohawk Power Corporation PFD 3.40%

NMPWP

Stock · quarterly payer

$52.30

Fairly valued · -15% Add to Portfolio

Forward Yield

6.50%

Annual Dividend

$3.40

Payout Ratio

—

5-Yr Growth

0.0%

Ex-Date

—

Frequency

Quarterly

Key facts about NMPWP's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Niagara Mohawk Power Corporation PFD 3.40% (NMPWP) has a forward dividend yield of 6.50%, based on an annual dividend of $3.40 per share and a share price of $52.30.
  • As of Oct 18, 2026, NMPWP's dividend safety grade from SmarterDividends is A (83 out of 100), which rates the dividend as very safe.
  • NMPWP has never cut its regular dividend in the payment history SmarterDividends has on record.
  • NMPWP's most recent ex-dividend date was Sep 16, 2026, for a dividend of $0.85 per share.
  • NMPWP's dividend has been roughly flat over the past five years.
  • As of Oct 18, 2026, NMPWP's 6.50% yield is 28% above its five-year average yield of 5.07%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for NMPWP is $44.49 per share, 15% below the $52.30 share price, so NMPWP screens as fairly valued.
  • Niagara Mohawk Power Corporation PFD 3.40% (NMPWP) pays its dividend quarterly, 4 times a year.
  • Niagara Mohawk Power Corporation PFD 3.40% (NMPWP) has raised its regular dividend 0 times and cut it 0 times across the 59 payments on record since 2012. The regular dividend has not changed in that time.
Cite this page

SmarterDividends, "NMPWP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/NMPWP

Summary

As of Oct 18, 2026, Niagara Mohawk Power Corporation PFD 3.40% (NMPWP) yields 6.50% ($3.40 a year per share) and has a dividend safety grade of A (83/100).

Is NMPWP a good dividend stock?

Yes

Niagara Mohawk Power Corporation PFD 3.40% (NMPWP) pays a quarterly dividend yielding 6.50% ($3.40/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
6.50%
Payout Ratio
—
Annual Dividend
$3.40
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
-38%
52-Week Range
$52.30 – $61.99
Dividend Safety
A · 83/100
Ever Cut?
No

NMPWP dividend raises and cuts

Niagara Mohawk Power Corporation PFD 3.40% (NMPWP) has raised its regular dividend 0 times and cut it 0 times across the 59 payments on record since 2012. The regular dividend has not changed in that time.

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

Frequently Asked Questions

Is NMPWP a good dividend stock?

Yes. Niagara Mohawk Power Corporation PFD 3.40% (NMPWP) pays a quarterly dividend yielding 6.50% ($3.40/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 NMPWP undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NMPWP's fair value is about $44.49 versus a $52.30 share price — so it looks fairly valued (-15% vs. fair value).

Is NMPWP's dividend safe?

NMPWP has a dividend-safety grade of A (83/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is NMPWP's fair value?

Our blended fair-value estimate for NMPWP is about $44.49 per share, about 15% below the current $52.30 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is NMPWP a buy, hold, or sell?

We don't issue formal ratings, but on the data NMPWP screens as "yes" and fairly valued. Niagara Mohawk Power Corporation PFD 3.40% (NMPWP) pays a quarterly dividend yielding 6.50% ($3.40/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 NMPWP cut its dividend?

NMPWP earns a dividend-safety grade of A (83/100), 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 NMPWP pay a dividend?

Yes. Niagara Mohawk Power Corporation PFD 3.40% pays a quarterly dividend of about $3.40 per share annually, a forward yield of roughly 6.50%.

What is NMPWP's dividend yield?

As of Oct 18, 2026, NMPWP's forward dividend yield is 6.50%, based on a $3.40 annual dividend and a $52.30 share price.

What is NMPWP's dividend per share?

As of Oct 18, 2026, NMPWP pays $3.40 per share per year, distributed on a quarterly basis.

How many years has NMPWP grown its dividend?

NMPWP does not currently have a long dividend-growth streak on record.

When is the next NMPWP ex-dividend date?

As of Oct 18, 2026, NMPWP's next ex-dividend date hasn't been announced. The most recent was Sep 16, 2026, for $0.85 per share.