
Northwest Natural Holding Company
NWN24 yrs growthUtilities · Utilities - Regulated Gas · Stock · quarterly payer
Forward Yield
4.08%
Annual Dividend
$2.00
Payout Ratio
65%
5-Yr Growth
0.5%
Ex-Date
Oct 30, 2026
Frequency
Quarterly
Key facts about NWN's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Northwest Natural Holding Company (NWN) has a forward dividend yield of 4.08%, based on an annual dividend of $2.00 per share and a share price of $48.99.
- As of Oct 18, 2026, NWN's dividend safety grade from SmarterDividends is A (89 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Northwest Natural Holding Company (NWN) has raised its dividend for 24 consecutive years as of Oct 18, 2026.
- NWN last cut its regular dividend in 1999.
- NWN's next ex-dividend date is Oct 30, 2026, with payment on Nov 13, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 18, 2026, NWN pays out 65% of its trailing 12-month earnings as dividends (its payout ratio).
- NWN's dividend has grown at an average rate of 0.5% a year over the past five years.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for NWN is $49.36 per share, 1% above the $48.99 share price, so NWN screens as fairly valued.
- Northwest Natural Holding Company (NWN) pays its dividend quarterly, 4 times a year.
- Northwest Natural Holding Company (NWN) has raised its regular dividend 30 times and cut it 2 times across the 147 payments on record since 1990. Its most recent change was a 0.6% increase to $0.493 per share, going ex-dividend on Oct 31, 2025. The last cut went ex-dividend on Jul 27, 2000.
Cite this page
SmarterDividends, "NWN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/NWN
Summary
As of Oct 18, 2026, Northwest Natural Holding Company (NWN) yields 4.08% ($2.00 a year per share), has a dividend safety grade of A (89/100) and has 24 consecutive years of dividend increases on record.
Is NWN a good dividend stock?
YesNorthwest Natural Holding Company (NWN) pays a quarterly dividend yielding 4.08% ($2.00/yr), with 24 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
- 24 consecutive years of dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 1999
Key Data
- Dividend Yield
- 4.08%
- Payout Ratio
- 65%
- Annual Dividend
- $2.00
- 5-Yr Avg Growth
- 0.5%
- Ex-Dividend Date
- Oct 30, 2026
- Years of Growth
- 24
- Frequency
- quarterly
- Beta
- 0.39
- Market Cap
- $2.1B
- P/E Ratio
- 16.3
- 5-Yr Total Return
- 14%
- 52-Week Range
- $44.45 – $55.99
- Dividend Safety
- A · 89/100
- Ever Cut?
- Yes (1999)
NWN dividend raises and cuts
Northwest Natural Holding Company (NWN) has raised its regular dividend 30 times and cut it 2 times across the 147 payments on record since 1990. Its most recent change was a 0.6% increase to $0.493 per share, going ex-dividend on Oct 31, 2025. The last cut went ex-dividend on Jul 27, 2000.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Oct 31, 2025 | Raise | $0.490 → $0.493 | +0.6% |
| Oct 31, 2024 | Raise | $0.488 → $0.490 | +0.4% |
| Oct 30, 2023 | Raise | $0.485 → $0.488 | +0.6% |
| Oct 28, 2022 | Raise | $0.483 → $0.485 | +0.4% |
| Oct 28, 2021 | Raise | $0.480 → $0.483 | +0.6% |
| Oct 29, 2020 | Raise | $0.478 → $0.480 | +0.4% |
| Oct 30, 2019 | Raise | $0.475 → $0.478 | +0.6% |
| Oct 30, 2018 | Raise | $0.473 → $0.475 | +0.4% |
| Oct 30, 2017 | Raise | $0.470 → $0.473 | +0.6% |
| Oct 27, 2016 | Raise | $0.468 → $0.470 | +0.4% |
| Oct 28, 2015 | Raise | $0.465 → $0.468 | +0.6% |
| Oct 29, 2014 | Raise | $0.460 → $0.465 | +1.1% |
Show all 32 changes since 1990
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Oct 29, 2013 | Raise | $0.455 → $0.460 | +1.1% |
| Oct 31, 2012 | Raise | $0.445 → $0.455 | +2.2% |
| Oct 27, 2011 | Raise | $0.435 → $0.445 | +2.3% |
| Oct 27, 2010 | Raise | $0.415 → $0.435 | +4.8% |
| Oct 28, 2009 | Raise | $0.395 → $0.415 | +5.1% |
| Oct 29, 2008 | Raise | $0.375 → $0.395 | +5.3% |
| Oct 29, 2007 | Raise | $0.355 → $0.375 | +5.6% |
| Oct 27, 2006 | Raise | $0.345 → $0.355 | +2.9% |
| Oct 27, 2005 | Raise | $0.325 → $0.345 | +6.2% |
| Oct 29, 2003 | Raise | $0.315 → $0.325 | +3.2% |
| Oct 29, 2001 | Raise | $0.310 → $0.315 | +1.6% |
| Oct 27, 2000 | Raise | $0.305 → $0.310 | +1.6% |
| Jul 27, 2000 | Cut | $0.310 → $0.305 | −1.6% |
| Apr 26, 2000 | Cut | $0.324 → $0.310 | −4.3% |
| Jan 27, 2000 | Raise | $0.305 → $0.324 | +6.2% |
| Oct 29, 1997 | Raise | $0.300 → $0.305 | +1.7% |
| Oct 27, 1995 | Raise | $0.293 → $0.300 | +2.3% |
| Apr 26, 1993 | Raise | $0.287 → $0.293 | +2.3% |
| Oct 25, 1991 | Raise | $0.280 → $0.287 | +2.4% |
| Oct 25, 1990 | Raise | $0.273 → $0.280 | +2.4% |
Frequently Asked Questions
Is NWN a good dividend stock?
Yes. Northwest Natural Holding Company (NWN) pays a quarterly dividend yielding 4.08% ($2.00/yr), with 24 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 NWN undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NWN's fair value is about $49.36 versus a $48.99 share price — so it looks fairly valued (+1% vs. fair value).
Is NWN's dividend safe?
NWN has a dividend-safety grade of A (89/100), based on its payout coverage, free-cash-flow, 24-year growth streak, a dividend cut in 1999, debt and yield-versus-history.
What is NWN's fair value?
Our blended fair-value estimate for NWN is about $49.36 per share, roughly 1% above the current $48.99 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is NWN a buy, hold, or sell?
We don't issue formal ratings, but on the data NWN screens as "yes" and fairly valued. Northwest Natural Holding Company (NWN) pays a quarterly dividend yielding 4.08% ($2.00/yr), with 24 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 NWN cut its dividend?
NWN earns a dividend-safety grade of A (89/100), and has cut its dividend before (last in 1999). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does NWN pay a dividend?
Yes. Northwest Natural Holding Company pays a quarterly dividend of about $2.00 per share annually, a forward yield of roughly 4.08%.
What is NWN's dividend yield?
As of Oct 18, 2026, NWN's forward dividend yield is 4.08%, based on a $2.00 annual dividend and a $48.99 share price.
What is NWN's dividend per share?
As of Oct 18, 2026, NWN pays $2.00 per share per year, distributed on a quarterly basis.
What is NWN's dividend payout ratio?
As of Oct 18, 2026, NWN's payout ratio is 65% of trailing 12-month earnings — a moderate level that's generally sustainable.
How many years has NWN grown its dividend?
As of Oct 18, 2026, NWN has increased its dividend for 24 consecutive years.
When is the next NWN ex-dividend date?
As of Oct 18, 2026, the next ex-dividend date on record for NWN is Oct 30, 2026.
NWN Price — Last 12 Months
Daily close
Price Return
1 Year
-1%
3 Years
+34%
5 Years
+14%
52-Week Range
$44.45 – $55.99
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NWN worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Northwest Natural Holding Company is $49.36 per share, versus a market price of $48.99. That implies the stock is roughly fairly priced.
Fair Value
$49.36
Current Price
$48.99
Gap
+1%
Margin of Safety
1%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 5.7% growth for five years fading to 2.5% over the next five, $3.01 EPS, $2.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NWN 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 NWN dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 31, 2026 | Aug 14, 2026 | $0.4930 | regular |
| Apr 30, 2026 | May 15, 2026 | $0.4930 | regular |
| Jan 30, 2026 | Feb 13, 2026 | $0.4930 | regular |
| Oct 31, 2025 | Nov 14, 2025 | $0.4930 | regular |
| Jul 31, 2025 | Aug 15, 2025 | $0.4900 | regular |
| Apr 30, 2025 | May 15, 2025 | $0.4900 | regular |
| Jan 31, 2025 | Feb 14, 2025 | $0.4900 | regular |
| Oct 31, 2024 | Nov 15, 2024 | $0.4900 | regular |
| Jul 31, 2024 | Aug 15, 2024 | $0.4880 | regular |
| Apr 29, 2024 | May 15, 2024 | $0.4880 | regular |
| Jan 30, 2024 | Feb 15, 2024 | $0.4880 | regular |
| Oct 30, 2023 | Nov 15, 2023 | $0.4880 | regular |
| Jul 28, 2023 | Aug 15, 2023 | $0.4850 | regular |
| Apr 27, 2023 | May 15, 2023 | $0.4850 | regular |
Income Calculator
At $2.00 / yr per share
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