Current Yield
3.96%
TTM Dividend/Share
$1.97
Payment Frequency
Quarterly
Payout Ratio
66.1%
Consecutive Growth Years
25 (Dividend Champion)
Key takeaways
- Dividend Champion — Northwest Natural Holding (NWN) has raised its dividend for 25 consecutive years.
- Northwest Natural Holding (NWN) currently yields 3.96%, paying $1.97 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 66.1% — the share of earnings distributed as dividends.
- 4 of 7 dividend safety checks passed.
- 5-year dividend CAGR of 0.52% (growth is decelerating).
Dividend yield valuation for Northwest Natural Holding (NWN)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Near average — fair value |
Current yield (now) | 3.96% |
1-year average yield | 4.05%now 0.09 pp below |
3-year average yield | 4.46%now 0.50 pp below |
5-year average yield | 4.20%now 0.24 pp below |
NWN: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for Northwest Natural Holding (NWN)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 4.5% |
FCF payout ratio | 800.3% |
Net debt / EBITDA | 5.5x |
Interest coverage | 3.49x |
ROIC (TTM) | 5.1% |
Dividend safety score for Northwest Natural Holding (NWN)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
4 of 7 checks passed
Payout ratio below 75%
Payout ratio is 66.1%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $-351M — FCF does not fully cover the payout.
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
25 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 800.3%, above the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 5.5x.
Dividend growth ≤ earnings growth (5Y)
N/A — earnings base is negative, CAGR not computable.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
149 payments from 1989 to 2026 · Adj. Dividend is split-adjusted
| Apr 30, 2026 | May 15, 2026 | $0.4925 | $0.4925 |
| Jan 30, 2026 | Feb 13, 2026 | $0.4925 | $0.4925 |
| Oct 31, 2025 | Nov 14, 2025 | $0.4925 | $0.4925 |
| Jul 31, 2025 | Aug 15, 2025 | $0.4900 | $0.4900 |
| Apr 30, 2025 | May 15, 2025 | $0.4900 | $0.4900 |
| Jan 31, 2025 | Feb 14, 2025 | $0.4900 | $0.4900 |
| Oct 31, 2024 | Nov 15, 2024 | $0.4900 | $0.4900 |
| Jul 31, 2024 | Aug 15, 2024 | $0.4875 | $0.4875 |
| Apr 29, 2024 | May 15, 2024 | $0.4875 | $0.4875 |
| Jan 30, 2024 | Feb 15, 2024 | $0.4875 | $0.4875 |
| Oct 30, 2023 | Nov 15, 2023 | $0.4875 | $0.4875 |
| Jul 28, 2023 | Aug 15, 2023 | $0.4850 | $0.4850 |
- Apr 30, 2026$0.4925
- Jan 30, 2026$0.4925
- Oct 31, 2025$0.4925
- Jul 31, 2025$0.4900
- Apr 30, 2025$0.4900
- Jan 31, 2025$0.4900
- Oct 31, 2024$0.4900
- Jul 31, 2024$0.4875
- Apr 29, 2024$0.4875
- Jan 30, 2024$0.4875
- Oct 30, 2023$0.4875
- Jul 28, 2023$0.4850
Historical dividend yield for Northwest Natural Holding (NWN)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 4.05%5Y: 4.20%10Y: 3.66%
Dividend per share for Northwest Natural Holding (NWN)
CAGR (per year)1Y: 0.51%5Y: 0.52%10Y: 0.52%↓ Decelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 1989 | $0.81 | 2 |
| 1990 | $1.24 | 4 |
| 1991 | $1.13 | 4 |
| 1992 | $1.15 | 4 |
| 1993 | $1.17 | 4 |
| 1994 | $1.17 | 4 |
| 1995 | $1.18 | 4 |
| 1996 | $1.20 | 4 |
| 1997 | $1.21 | 4 |
| 1998 | $1.22 | 4 |
| 1999 | $1.23 | 5 |
| 2000 | $1.25 | 4 |
| 2001 | $1.25 | 4 |
| 2002 | $1.26 | 4 |
| 2003 | $1.27 | 4 |
| 2004 | $1.30 | 4 |
| 2005 | $1.32 | 4 |
| 2006 | $1.39 | 4 |
| 2007 | $1.44 | 4 |
| 2008 | $1.52 | 4 |
| 2009 | $1.60 | 4 |
| 2010 | $1.68 | 4 |
| 2011 | $1.75 | 4 |
| 2012 | $1.79 | 4 |
| 2013 | $1.82 | 4 |
| 2014 | $1.84 | 4 |
| 2015 | $1.86 | 4 |
| 2016 | $1.87 | 4 |
| 2017 | $1.88 | 4 |
| 2018 | $1.89 | 4 |
| 2019 | $1.90 | 4 |
| 2020 | $1.91 | 4 |
| 2021 | $1.92 | 4 |
| 2022 | $1.93 | 4 |
| 2023 | $1.94 | 4 |
| 2024 | $1.95 | 4 |
| 2025 | $1.96 | 4 |
| 2026 | $0.98 | 2 |
Dividend growth for Northwest Natural Holding (NWN)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $1.9625 | — | — |
| 2025 | $1.9525 | $1.9625 | +0.5% |
| 2024 | $1.9425 | $1.9525 | +0.5% |
| 2023 | $1.9325 | $1.9425 | +0.5% |
| 2022 | $1.9225 | $1.9325 | +0.5% |
| 2021 | $1.9125 | $1.9225 | +0.5% |
| 2020 | $1.9025 | $1.9125 | +0.5% |
| 2019 | $1.8925 | $1.9025 | +0.5% |
| 2018 | $1.8825 | $1.8925 | +0.5% |
| 2017 | $1.8725 | $1.8825 | +0.5% |
| 2016 | $1.8625 | $1.8725 | +0.5% |
| 2015 | $1.8450 | $1.8625 | +0.9% |
| 2014 | $1.8250 | $1.8450 | +1.1% |
| 2013 | $1.7900 | $1.8250 | +2.0% |
| 2012 | $1.7500 | $1.7900 | +2.3% |
| 2011 | $1.6800 | $1.7500 | +4.2% |
| 2010 | $1.6000 | $1.6800 | +5.0% |
| 2009 | $1.5200 | $1.6000 | +5.3% |
| 2008 | $1.4400 | $1.5200 | +5.6% |
| 2007 | $1.3900 | $1.4400 | +3.6% |
| 2006 | $1.3200 | $1.3900 | +5.3% |
| 2005 | $1.3000 | $1.3200 | +1.5% |
| 2004 | $1.2700 | $1.3000 | +2.4% |
| 2003 | $1.2600 | $1.2700 | +0.8% |
| 2002 | $1.2450 | $1.2600 | +1.2% |
| 2001 | $1.2490 | $1.2450 | -0.3% |
| 2000 | $1.2250 | $1.2490 | +2.0% |
| 1999 | $1.2200 | $1.2250 | +0.4% |
| 1998 | $1.2050 | $1.2200 | +1.2% |
| 1997 | $1.2000 | $1.2050 | +0.4% |
| 1996 | $1.1800 | $1.2000 | +1.7% |
| 1995 | $1.1733 | $1.1800 | +0.6% |
| 1994 | $1.1667 | $1.1733 | +0.6% |
| 1993 | $1.1467 | $1.1667 | +1.7% |
| 1992 | $1.1267 | $1.1467 | +1.8% |
| 1991 | $1.2369 | $1.1267 | -8.9% |
| 1990 | — | $1.2369 | — |
- 2026—
- 2025$1.9625
- 2024$1.9525
- 2023$1.9425
- 2022$1.9325
- 2021$1.9225
- 2020$1.9125
- 2019$1.9025
- 2018$1.8925
- 2017$1.8825
- 2016$1.8725
- 2015$1.8625
- 2014$1.8450
- 2013$1.8250
- 2012$1.7900
- 2011$1.7500
- 2010$1.6800
- 2009$1.6000
- 2008$1.5200
- 2007$1.4400
- 2006$1.3900
- 2005$1.3200
- 2004$1.3000
- 2003$1.2700
- 2002$1.2600
- 2001$1.2450
- 2000$1.2490
- 1999$1.2250
- 1998$1.2200
- 1997$1.2050
- 1996$1.2000
- 1995$1.1800
- 1994$1.1733
- 1993$1.1667
- 1992$1.1467
- 1991$1.1267
- 1990$1.2369
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.
Frequently asked questions
Northwest Natural Holding (NWN) Key Financials
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