SmarterDividends
NWE

NorthWestern Energy Group, Inc.

NWE

Utilities · Stock · quarterly payer

Forward Yield

3.82%

Annual Dividend

$2.66

Payout Ratio

97%

5-Yr Growth

1.9%

Ex-Date

Jun 15, 2026

Frequency

Quarterly

NWE Dividend Safety Score

83/ 100
Grade A

Very Safe

Dividend-growth streak17 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage97% of earnings paid out
Balance-sheet strengthDebt/equity of 1.18
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 NWE a good dividend stock?

Yes

NorthWestern Energy Group, Inc. (NWE) pays a quarterly dividend yielding 3.82% ($2.66/yr), with 17 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

  • 17 consecutive years of dividend growth
  • Never cut its dividend on record
  • Top-tier dividend safety score

Risks

  • Elevated payout ratio (97%)

Key Data

Dividend Yield
3.82%
Payout Ratio
97%
Annual Dividend
$2.66
5-Yr Avg Growth
1.9%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
17
Frequency
quarterly
Beta
0.36
Market Cap
$4.3B
P/E Ratio
25.6
5-Yr Total Return
16%
52-Week Range
$50.46 – $75.18
Dividend Safety
A · 83/100
Ever Cut?
No
NWE ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.66 / yr per share

Per payment (quarterly)$66.50
Annual$266.00
Monthly avg$22.17