# NorthWestern (NWE) — Dividends

NWE · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/nwe/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $2.67 |
| Forward yield | 3.62% |
| 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.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Aug 17, 2026 | Sep 1, 2026 | $0.67 |
| Jun 15, 2026 | Jun 30, 2026 | $0.67 |
| Mar 13, 2026 | Mar 31, 2026 | $0.67 |
| Dec 15, 2025 | Dec 31, 2025 | $0.66 |
| Sep 15, 2025 | Sep 30, 2025 | $0.66 |
| Jun 13, 2025 | Jun 30, 2025 | $0.66 |
| Mar 14, 2025 | Mar 31, 2025 | $0.66 |
| Dec 13, 2024 | Dec 31, 2024 | $0.65 |
| Sep 13, 2024 | Sep 30, 2024 | $0.65 |
| Jun 14, 2024 | Jun 28, 2024 | $0.65 |
| Mar 14, 2024 | Mar 29, 2024 | $0.65 |
| Dec 14, 2023 | Dec 29, 2023 | $0.64 |
| Sep 14, 2023 | Sep 29, 2023 | $0.64 |
| Jun 14, 2023 | Jun 30, 2023 | $0.64 |
| Mar 14, 2023 | Mar 31, 2023 | $0.64 |
| Dec 14, 2022 | Dec 30, 2022 | $0.63 |
| Sep 14, 2022 | Sep 30, 2022 | $0.63 |
| Jun 14, 2022 | Jun 30, 2022 | $0.63 |
| Mar 14, 2022 | Mar 31, 2022 | $0.63 |
| 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 3.62% at the last price of $73.85. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### 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](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

### Has NWE been raising its dividend?

Yes — NorthWestern has increased its dividend for 4 consecutive calendar years.

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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.

Data provided by [AInvest](https://www.ainvest.com).