NRG Energy (NRG) Dividend History & Yield
Dividend ChallengerNRG Energy (NRG) has increased its dividend for 7 consecutive years and currently yields 1.37%. The most recent dividend was $0.4750/share on May 15, 2026, paid Quarterly.
NRG
Current Yield
1.37%
TTM Dividend/Share
$1.83
Payment Frequency
Quarterly
Payout Ratio
215.3%
Consecutive Growth Years
7 (Dividend Challenger)
Div Growth (1Y CAGR)
7.98%
Div Growth (5Y CAGR)
7.96%
Div Growth (10Y CAGR)
11.74%
NRG: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
9.3%
FCF payout ratio
53.7%
Net debt / EBITDA
7.6x
Interest coverage
3.00x
ROIC (TTM)
3.7%
Dividend Safety Score
2 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 215.3%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($3.93) covers dividend/share ($1.83).
No dividend cuts in 10+ years
1 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
Only 7 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 53.7%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 7.6x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (8.0%) exceeds EPS growth (-34.2%) — payout ratio expanding.
Per-payment dividend history
Ex-date May 1, 2026
- Payment date
- May 15, 2026
- Dividend
- $0.4750
- Adj. dividend
- $0.4750
Ex-date Feb 2, 2026
- Payment date
- Feb 17, 2026
- Dividend
- $0.4750
- Adj. dividend
- $0.4750
Ex-date Nov 3, 2025
- Payment date
- Nov 17, 2025
- Dividend
- $0.4400
- Adj. dividend
- $0.4400
Ex-date Aug 1, 2025
- Payment date
- Aug 15, 2025
- Dividend
- $0.4400
- Adj. dividend
- $0.4400
Ex-date May 1, 2025
- Payment date
- May 15, 2025
- Dividend
- $0.4400
- Adj. dividend
- $0.4400
Ex-date Feb 3, 2025
- Payment date
- Feb 18, 2025
- Dividend
- $0.4400
- Adj. dividend
- $0.4400
Ex-date Nov 1, 2024
- Payment date
- Nov 15, 2024
- Dividend
- $0.4075
- Adj. dividend
- $0.4075
Ex-date Aug 1, 2024
- Payment date
- Aug 15, 2024
- Dividend
- $0.4075
- Adj. dividend
- $0.4075
Ex-date Apr 30, 2024
- Payment date
- May 15, 2024
- Dividend
- $0.4075
- Adj. dividend
- $0.4075
Ex-date Jan 31, 2024
- Payment date
- Feb 15, 2024
- Dividend
- $0.4075
- Adj. dividend
- $0.4075
Ex-date Oct 31, 2023
- Payment date
- Nov 15, 2023
- Dividend
- $0.3775
- Adj. dividend
- $0.3775
Ex-date Jul 31, 2023
- Payment date
- Aug 15, 2023
- Dividend
- $0.3775
- Adj. dividend
- $0.3775
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| May 1, 2026 | May 15, 2026 | $0.4750 | $0.4750 |
| Feb 2, 2026 | Feb 17, 2026 | $0.4750 | $0.4750 |
| Nov 3, 2025 | Nov 17, 2025 | $0.4400 | $0.4400 |
| Aug 1, 2025 | Aug 15, 2025 | $0.4400 | $0.4400 |
| May 1, 2025 | May 15, 2025 | $0.4400 | $0.4400 |
| Feb 3, 2025 | Feb 18, 2025 | $0.4400 | $0.4400 |
| Nov 1, 2024 | Nov 15, 2024 | $0.4075 | $0.4075 |
| Aug 1, 2024 | Aug 15, 2024 | $0.4075 | $0.4075 |
| Apr 30, 2024 | May 15, 2024 | $0.4075 | $0.4075 |
| Jan 31, 2024 | Feb 15, 2024 | $0.4075 | $0.4075 |
| Oct 31, 2023 | Nov 15, 2023 | $0.3775 | $0.3775 |
| Jul 31, 2023 | Aug 15, 2023 | $0.3775 | $0.3775 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
NRG Energy has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 7 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.7600 | — | — |
| 2025 | $1.6300 | $1.7600 | +8.0% |
| 2024 | $1.5100 | $1.6300 | +7.9% |
| 2023 | $1.4000 | $1.5100 | +7.9% |
| 2022 | $1.3000 | $1.4000 | +7.7% |
| 2021 | $1.2000 | $1.3000 | +8.3% |
| 2020 | $0.1200 | $1.2000 | +900.0% |
| 2019 | $0.1200 | $0.1200 | 0.0% |
| 2018 | $0.1200 | $0.1200 | 0.0% |
| 2017 | $0.2350 | $0.1200 | -48.9% |
| 2016 | $0.5800 | $0.2350 | -59.5% |
| 2015 | $0.5400 | $0.5800 | +7.4% |
| 2014 | $0.4500 | $0.5400 | +20.0% |
| 2013 | — | $0.4500 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for NRG Energy (NRG) from the consolidated cash flow statement, in USD as filed.
Latest period
$425.00M
YoY change
+1.5%
5Y CAGR
+6.9%
Peak year (2025)
$411.00M
Latest annual
$411.00M
Cash dividends paid over time for NRG Energy (NRG)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for NRG Energy (NRG)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $411.00M | +1.5% | +$6.00M | ||
| 2024 | $405.00M | +6.3% | +$24.00M | ||
| 2023 | $381.00M | +14.8% | +$49.00M | ||
| 2022 | $332.00M | +4.1% | +$13.00M | ||
| 2021 | $319.00M | +8.1% | +$24.00M | ||
| 2020 | $295.00M | +821.9% | +$263.00M | ||
| 2019 | $32.00M | -13.5% | -$5.00M | ||
| 2018 | $37.00M | -2.6% | -$1.00M | ||
| 2017 | $38.00M | -50.0% | -$38.00M | ||
| 2016 | $76.00M | -62.2% | -$125.00M | ||
| 2015 | $201.00M | +2.6% | +$5.00M | ||
| 2014 | $196.00M | +27.3% | +$42.00M | ||
| 2013 | $154.00M | — | +$154.00M | ||
| 2012 | $0 | — | $0 | ||
| 2011 | $0 | — | $0 | ||
| 2010 | $0 | — | $0 | ||
| 2009 | $0 | — | $0 | ||
| 2008 | $0 | — | $0 | ||
| 2007 | $0 | — | $0 | ||
| 2006 | $0 | — | $0 | ||
| 2005 | $0 | — | $0 | ||
| 2004 | $0 | — | $0 | ||
| 2003 | $0 | — | $0 | ||
| 2002 | $0 | — | $0 | ||
| 2001 | $0 | — | $0 | ||
| 2000 | $0 | — | $0 | ||
| 1999 | $0 | — | $0 | ||
| 1998 | $0 | — | $0 | ||
| 1997 | $0 | — | — |
In 2025, NRG Energy (NRG) dividends paid totalled $411.00M – edged up 1.5% year-over-year.
Over 2020–2025 (5 years), NRG Energy dividends paid expanded at a +6.9% compound annual rate, sustaining 6 straight years of year-over-year growth.
The highest annual dividends paid of $411.00M was reported in 2025. The lowest in the available history was $0 in 1997.
Within Utilities, NRG Energy (NRG) ranks 8th among 8 peers we track. The peer median for dividends paid is $2.14B.
NRG Energy Dividends Paid 2025: $411.00M
NRG Energy dividends paid in 2025 was $411.00M, edged up 1.5% from 2024. This figure represents the highest annual value in the available history.
NRG Energy Dividends Paid 2024: $405.00M
NRG Energy dividends paid in 2024 was $405.00M, grew 6.3% from 2023.
NRG Energy Dividends Paid 2023: $381.00M
NRG Energy dividends paid in 2023 was $381.00M, grew 14.8% from 2022.
NRG Energy Dividends Paid 2022: $332.00M
NRG Energy dividends paid in 2022 was $332.00M, edged up 4.1% from 2021.
NRG Energy Dividends Paid 2021: $319.00M
NRG Energy dividends paid in 2021 was $319.00M.
See more financial history for NRG Energy (NRG).
Sector peers by dividends paid
Companies in the same sector as NRG Energy, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| NextEra Energy (NEE) | $4.68B | Utilities |
| Duke Energy (DUK) | $3.30B | Utilities |
| Southern Company (SO) | $3.02B | Utilities |
| Dominion Energy (D) | $2.28B | Utilities |
| American Electric Power Company (AEP) | $2.01B | Utilities |
| Sempra (SRE) | $1.60B | Utilities |
| Constellation Energy (CEG) | $486.00M | Utilities |
| GE Vernova (GEV) | $275.00M | Utilities |
Frequently asked questions
Does NRG Energy pay dividends?
Yes, NRG Energy (NRG) pays quarterly dividends of approximately $1.83 per share annually, yielding 1.37%.
What is NRG Energy's dividend yield?
NRG Energy (NRG) has a current dividend yield of 1.37%.
Is NRG Energy's dividend safe?
NRG Energy (NRG) passes 2 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has NRG Energy increased its dividend?
NRG Energy (NRG) has 7 consecutive years of dividend increases.
What is NRG Energy's dividend payout ratio?
NRG Energy (NRG) has a dividend payout ratio of 215.3%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is NRG Energy's dividends paid?
Latest reported dividends paid for NRG Energy (NRG) is $425.00M (period ending March 31, 2026).
How has NRG Energy dividends paid changed year-over-year?
NRG Energy (NRG) dividends paid changed +1.5% year-over-year on the latest annual filing.
What is the long-term growth rate of NRG Energy dividends paid?
NRG Energy (NRG) dividends paid compound annual growth rate is +6.9% over the most recent 5 years available.
When did NRG Energy dividends paid hit its highest annual value?
NRG Energy dividends paid reached its highest annual value of $411.00M in 2025.
What was NRG Energy dividends paid in 2024?
NRG Energy (NRG) dividends paid in 2024 was $405.00M.
What was NRG Energy dividends paid in 2025?
NRG Energy (NRG) dividends paid in 2025 was $411.00M.
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