NorthWestern Energy Group, Inc. (NWE) To Go Ex-Dividend on December 15th

NorthWestern Energy Group, Inc. (NYSE:NWE) declared a quarterly dividend on Wednesday, October 29th. Investors of record on Monday, December 15th will be paid a dividend of 0.66 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Monday, December 15th.

NorthWestern Energy Group has raised its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 21 years. NorthWestern Energy Group has a payout ratio of 68.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect NorthWestern Energy Group to earn $3.87 per share next year, which means the company should continue to be able to cover its $2.64 annual dividend with an expected future payout ratio of 68.2%.

NorthWestern Energy Group Stock Performance

Shares of NorthWestern Energy Group stock remained flat at $67.84 on Friday. The stock had a trading volume of 828,081 shares, compared to its average volume of 463,584. NorthWestern Energy Group has a 12 month low of $50.43 and a 12 month high of $69.23. The stock has a market cap of $4.17 billion, a price-to-earnings ratio of 18.59, a price-to-earnings-growth ratio of 2.40 and a beta of 0.35. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.52 and a quick ratio of 0.37. The business has a fifty day simple moving average of $63.44 and a two-hundred day simple moving average of $57.63.

NorthWestern Energy Group (NYSE:NWE) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.04. NorthWestern Energy Group had a return on equity of 7.40% and a net margin of 14.81%.During the same quarter in the prior year, the firm posted $0.65 EPS. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. On average, equities analysts anticipate that NorthWestern Energy Group will post 3.63 earnings per share for the current fiscal year.

About NorthWestern Energy Group

NorthWestern Energy Group, Inc provides electricity and natural gas to residential, commercial, and various industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities.