NorthWestern Corporation (NWE) To Go Ex-Dividend on March 13th

NorthWestern Corporation (NASDAQ:NWEGet Free Report) declared a quarterly dividend on Wednesday, February 11th. Investors of record on Friday, March 13th will be given a dividend of 0.67 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Friday, March 13th.

NorthWestern has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 21 consecutive years. NorthWestern has a payout ratio of 69.6% indicating that its dividend is sufficiently covered by earnings.

NorthWestern Stock Performance

NWE stock traded down $0.86 during midday trading on Wednesday, reaching $66.97. 417,516 shares of the company’s stock traded hands, compared to its average volume of 584,560. The company has a 50-day moving average price of $68.08 and a two-hundred day moving average price of $63.86. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.53 and a current ratio of 0.72. NorthWestern has a 52 week low of $50.46 and a 52 week high of $72.21. The firm has a market capitalization of $4.11 billion, a PE ratio of 22.78, a price-to-earnings-growth ratio of 2.89 and a beta of 0.33.

NorthWestern (NASDAQ:NWEGet Free Report) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $1.17 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.02). NorthWestern had a return on equity of 7.62% and a net margin of 11.24%.The company had revenue of $414.26 million during the quarter.

About NorthWestern

(Get Free Report)

NorthWestern Corporation (NASDAQ: NWE) is a regulated energy company that delivers electricity and natural gas to residential, commercial and industrial customers. Through its Electric Operations and Gas Operations segments, the company operates an extensive network of distribution lines, substations and pipelines. NorthWestern’s services encompass the delivery of power sourced from regional transmission systems and the procurement, storage and distribution of natural gas to end users.

Electric delivery services include the management of distribution infrastructure, customer metering and system reliability programs.

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