NorthWestern (NWE) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $2.67
- Forward yield
- 3.61%
- Payout ratio
- 70.8%
- Growth streak
- 4 years
NorthWestern pays a quarterly dividend of $0.67 per share. Its most recent payment had an ex-date of August 17, 2026 and was paid on September 1, 2026. Over the trailing twelve months, it paid $2.67 per share, a yield of about 3.86% at a share price of $69.12.
The record shows a steady annual rhythm. NorthWestern has raised its dividend once a year, each time with the payment that goes ex-dividend in March. The rate went from $0.62 to $0.63 in 2022, then to $0.64 in 2023, $0.65 in 2024, $0.66 in 2025 and $0.67 in 2026. Each raise was one cent, or roughly 1.5% to 1.6%. Since late 2021, the quarterly rate has grown about 8%. Payments by calendar year rose from $2.52 in 2022 to $2.56 in 2023, $2.60 in 2024 and $2.64 in 2025. The company has now increased its dividend for four consecutive calendar years.
If the pattern holds, the next payment would go ex-dividend in mid-December 2026 and be paid at the end of December. Past raises have come with the March payment, not the December one.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Jul 29, 2026 | Aug 17, 2026 | Sep 1, 2026 | $0.67 |
| Apr 29, 2026 | Jun 15, 2026 | Jun 30, 2026 | $0.67 |
| Feb 11, 2026 | Mar 13, 2026 | Mar 31, 2026 | $0.67 |
| Oct 29, 2025 | Dec 15, 2025 | Dec 31, 2025 | $0.66 |
| Jul 30, 2025 | Sep 15, 2025 | Sep 30, 2025 | $0.66 |
| Apr 29, 2025 | Jun 13, 2025 | Jun 30, 2025 | $0.66 |
| Feb 12, 2025 | Mar 14, 2025 | Mar 31, 2025 | $0.66 |
| Oct 28, 2024 | Dec 13, 2024 | Dec 31, 2024 | $0.65 |
| Jul 30, 2024 | Sep 13, 2024 | Sep 30, 2024 | $0.65 |
| Apr 25, 2024 | Jun 14, 2024 | Jun 28, 2024 | $0.65 |
| Feb 14, 2024 | Mar 14, 2024 | Mar 29, 2024 | $0.65 |
| Oct 26, 2023 | Dec 14, 2023 | Dec 29, 2023 | $0.64 |
| Jul 24, 2023 | Sep 14, 2023 | Sep 29, 2023 | $0.64 |
| Apr 27, 2023 | Jun 14, 2023 | Jun 30, 2023 | $0.64 |
| Feb 16, 2023 | Mar 14, 2023 | Mar 31, 2023 | $0.64 |
| Oct 24, 2022 | Dec 14, 2022 | Dec 30, 2022 | $0.63 |
| Jul 27, 2022 | Sep 14, 2022 | Sep 30, 2022 | $0.63 |
| Apr 28, 2022 | Jun 14, 2022 | Jun 30, 2022 | $0.63 |
| Feb 10, 2022 | Mar 14, 2022 | Mar 31, 2022 | $0.63 |
| Oct 24, 2021 | Dec 14, 2021 | Dec 31, 2021 | $0.62 |
Frequently asked questions
Does NorthWestern (NWE) pay a dividend?
Yes. NorthWestern pays a quarterly dividend; the most recent payment was $0.67 per share.
What is NWE's dividend yield?
NorthWestern paid $2.67 per share over the trailing twelve months, a yield of 3.61% at the last price of $74.03. Click here to learn more
When is NWE's most recent ex-dividend date?
NorthWestern's most recent ex-dividend date is Aug 17, 2026, payable on Sep 1, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has NWE been raising its dividend?
Yes — NorthWestern has increased its dividend for 4 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.