NorthWestern Corp. As of February 16, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
NWE $2.48 3.3% 4.3% 4.5%
Business yield Hike yrs 5 yr CAGR freq. paid since
Electric & Gas Utility 4.4% 13 4.4% Quarter 2008
1 views
NWE logo © Northwestern Corp
NWE logo © Northwestern Corp

NorthWestern Corporation (NWE) will raise its quarterly dividend by 3.3 percent to 62 cents per share in 2021. This follows a dividend hike of 4.3 percent to $0.60 per share in the first quarter of 2020 and marks 14 consecutive years of annual dividend increases by the company.

The next dividend is payable March 31, 2021 to common shareholders of record as of March 15, 2021. A new annual dividend rate of $2.48 per share yields 4.3% at a stock price of $56.97.

NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and / or natural gas to customers in Montana, South Dakota and Nebraska. The company operates in three business segments: electric utility operations; natural gas utility operations; and all other, which primarily consists of unallocated corporate costs. NorthWestern's customer base consists of a mix of residential, commercial, and diversified industrial customers. The company has generated and distributed electricity in South Dakota and distributed natural gas in South Dakota and Nebraska since 1923 and has generated and distributed electricity and distributed natural gas in Montana since 2002.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Mar 08 PEG 3.4% 0.0%
Mar 09 MGM 0.0% 0.0%
Mar 09 CI 2.0% 9900.0%
Mar 09 CME 1.9% 5.9%
Mar 09 OXY 0.2% 0.0%
Mar 09 VFC 2.4% 0.0%
Mar 09 HPQ 2.9% 0.0%
Mar 09 ANTM 1.6% 18.9%
Mar 09 TRV 2.3% 0.0%
Mar 09 FOX 1.4% 0.0%