Northwestern Energy Group, Inc. dividend history

Northwestern Energy Group, Inc.'s dividend was $2.64 a share in fiscal 2025, up 1.5% on the year before. That was 89.1% of net income. It has raised its dividend per share every year since fiscal 2021, as far back as our figures go.

Dividends, buybacks and capital spending

Dividends (TTM): $163M
Returned to shareholders: -85%; of free cash flow
Diluted share count: +0.3%; year over year
Total shareholder yield: 3.3%; dividends 3.3% + buybacks 0.0% of market value
Dividend payout ratio: 95%; of net income paid out
Days sales outstanding: 36 days; receivables vs revenue

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Northwestern Energy Group, Inc.: dividends by fiscal year, annual
Fiscal year	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Dividend per share	$2.48	$2.52	$2.56	$2.60	$2.64	—
Dividend per share growth	—	+1.6%	+1.6%	+1.6%	+1.5%	—
Dividends paid	128	140	154	159	161	163
Dividends ÷ net income	68.8%	76.5%	79.4%	70.8%	89.1%	95.0%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Compare with peers

Head to head: MDU vs NWE AVA vs NWE BKH vs NWE NWE vs UTL

More: Multi-Utilities stocks compared, Utilities sector, rankings of US companies

Figures from Northwestern Energy Group, Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Northwestern Energy Group, Inc.