SmarterDividends
NRG

NRG Energy, Inc.

NRG

Utilities · Stock · quarterly payer

Forward Yield

1.42%

Annual Dividend

$1.90

Payout Ratio

197%

5-Yr Growth

8.0%

Ex-Date

May 1, 2026

Frequency

Quarterly

NRG Dividend Safety Score

58/ 100
Grade C

Borderline

Dividend-growth streak9 consecutive years of growth
Cut historyCut its dividend in 2016
Earnings payout coverage197% of earnings paid out
Free-cash-flow coverage93% of free cash flow
Balance-sheet strengthDebt/equity of 4.79
Yield vs its historyYield in line with its history

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

Is NRG a good dividend stock?

Yes, with caveats

NRG Energy, Inc. (NRG) pays a quarterly dividend yielding 1.42% ($1.90/yr), with 9 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 8.0% 5-yr dividend growth
  • 223% total price return over 5 years

Risks

  • Cut its dividend in 2016
  • Elevated payout ratio (197%)

Key Data

Dividend Yield
1.42%
Payout Ratio
197%
Annual Dividend
$1.90
5-Yr Avg Growth
8.0%
Ex-Dividend Date
May 1, 2026
Years of Growth
9
Frequency
quarterly
Beta
1.22
Market Cap
$28.1B
P/E Ratio
146.6
5-Yr Total Return
223%
52-Week Range
$121.22 – $189.96
Dividend Safety
C · 58/100
Ever Cut?
Yes (2016)
NRG ex-dividend date & scheduleNext ex-date May 1, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.90 / yr per share

Per payment (quarterly)$47.50
Annual$190.00
Monthly avg$15.83