NWE (NorthWestern Energy Group) Dividend Payout Ratio: 1.34 (As of Jun. 2026) — 84% Above Median

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NWE NorthWestern Energy Group Inc NWE
76 GF Score
Price $70.81
GF Value $61.97
Valuation Modestly Overvalued
! 12 Warning Signs
View Full Analysis

What is NorthWestern Energy Group Dividend Payout Ratio?

NorthWestern Energy Group NWE +0.27% 76 Dividend Payout Ratio is 1.34 as of Jun. 2026, which is 84% above its 10-year median of 0.73. GuruFocus rates NWE with a GF Score™ of 76/100 and a GF Value™ of $61.97 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 374 Utilities - Regulated companies, NorthWestern Energy Group ranks worse than 85.56% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. NorthWestern Energy Group's Dividend Payout Ratio for the months ended in Jun. 2026 was 1.34.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NorthWestern Energy Group Inc is 0.88, which seems too high.

The historical rank and industry rank for NorthWestern Energy Group's Dividend Payout Ratio or its related term are showing as below:

NWE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.73   Max: 0.9
Current: 0.88

During the past 13 years, the highest Dividend Payout Ratio of NorthWestern Energy Group was 0.90. The lowest was 0.59. And the median was 0.73.

NWE's Dividend Payout Ratio is ranked worse than
85.56% of 374 companies
in the Utilities - Regulated industry
Industry Median: 0.535 vs NWE: 0.88

As of today (2026-08-21), the Dividend Yield % of NorthWestern Energy Group is 3.75%.

During the past 13 years, the highest Trailing Annual Dividend Yield of NorthWestern Energy Group was 5.48%. The lowest was 2.91%. And the median was 4.06%.

NorthWestern Energy Group's Dividends per Share for the months ended in Jun. 2026 was $0.67.

During the past 12 months, NorthWestern Energy Group's average Dividends Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NorthWestern Energy Group was 9.70% per year. The lowest was -7.70% per year. And the median was 3.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

NorthWestern Energy Group (NAS:NWE) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

NorthWestern Energy Group Dividend Payout Ratio Related Terms

NorthWestern Energy Group Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for NorthWestern Energy Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NorthWestern Energy Group Dividend Payout Ratio Chart

NorthWestern Energy Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.79 0.80 0.77 0.90

NorthWestern Energy Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.89 0.84 0.92 0.65 1.34

NWE vs MGEE, POR, TXNM: Dividend Payout Ratio Comparison

For the Utilities - Regulated Electric subindustry, NorthWestern Energy Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NorthWestern Energy Group Dividend Payout Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NorthWestern Energy Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where NorthWestern Energy Group's Dividend Payout Ratio falls into.


NWE
76GF Score
NorthWestern Energy Group Inc NWE
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NorthWestern Energy Group Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

NorthWestern Energy Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=2.64/ 2.94
=0.90

NorthWestern Energy Group's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.67/ 0.5
=1.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 1.34 mean?
NorthWestern Energy Group (NWE) has a Dividend Payout Ratio of 1.34 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on NorthWestern Energy Group and its competitors. This is 84% above median its historical median of 0.73. Over the past decade, NorthWestern Energy Group's Dividend Payout Ratio has ranged from 0.59 to 0.90. According to the industry distribution chart, NorthWestern Energy Group ranks #320 out of 374 companies in the Utilities - Regulated industry, placing it in the top 85.6%.
Is NorthWestern Energy Group's Dividend Payout Ratio too high?
NorthWestern Energy Group's current Dividend Payout Ratio of 1.34 is 84% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 0.90. The Utilities - Regulated industry median Dividend Payout Ratio is 0.54. NorthWestern Energy Group's value of 1.34 is 150.5% above this industry median. Based on the distribution chart, NorthWestern Energy Group ranks #320 out of 374 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, NorthWestern Energy Group has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorthWestern Energy Group's Dividend Payout Ratio compare to MGEE and POR?
According to the Utilities - Regulated industry distribution chart, NorthWestern Energy Group ranks #320 out of 374 companies for Dividend Payout Ratio. This places NorthWestern Energy Group in the lower half of its industry. The industry median Dividend Payout Ratio is 0.54. NorthWestern Energy Group's value of 1.34 is 150.5% above this benchmark. Historically, NorthWestern Energy Group's own Dividend Payout Ratio has ranged from 0.59 to 0.90 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.54, NorthWestern Energy Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Utilities - Regulated company?
The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 374 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NorthWestern Energy Group's current Dividend Payout Ratio of 1.34 is 150.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on NorthWestern Energy Group and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NorthWestern Energy Group's current Dividend Payout Ratio is 1.34, which is 84% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorthWestern Energy Group stock overvalued right now?
Based on GuruFocus' analysis, NorthWestern Energy Group (NWE) is currently considered Modestly Overvalued. The stock's GF Value™ is $61.97, compared to a current price of $70.81 — trading 14.3% above its estimated fair value. The current Dividend Payout Ratio is 1.34, which is 84% above median its 10-year median of 0.73 and 150.5% above the Utilities - Regulated industry median of 0.54. NorthWestern Energy Group's overall GF Score™ is 76/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For NorthWestern Energy Group (NWE), the current Dividend Payout Ratio is 1.34 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NorthWestern Energy Group (NWE) Overvalued in 2026?

Based on GuruFocus' analysis, NorthWestern Energy Group stock appears to be overvalued. The current stock price of $70.81 is trading 14.3% above its estimated GF Value™ of $61.97. GuruFocus considers NorthWestern Energy Group to be Modestly Overvalued.

Key valuation signals for NWE:

  • Dividend Payout Ratio: 1.34 (84% above median its 10-year median of 0.73)
  • GF Value™: $61.97 vs. price of $70.81 (14.3% above fair value)
  • GF Score™: 76/100 with 12 warning signs
  • Industry Position: 150.5% above the Utilities - Regulated median (#320 of 374)

No single metric tells the full story. See the NWE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NorthWestern Energy Group Business Description

Address 3010 W. 69th Street, Sioux Falls, SD, USA, 57108
NorthWestern Energy Group Inc provides electricity and natural gas services in the Upper Midwest and Northwest of the U.S. in the states of Montana, South Dakota, Nebraska, and Yellowstone National Park. The company's primary segments include Electric, which includes the generation, purchase, transmission, and distribution of electricity, and Natural Gas, which includes the production, purchase, transmission, storage, and distribution of natural gas. It uses thermal, wind, hydro, or renewable energy in varying quantities, depending on the location of the facilities, to generate power. The company derives the majority of its revenue from the Electric segment.
76GF Score

Get the complete analysis for NWE

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$70.81
Price
$61.97
GF Value