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The Connecticut Light & Power Co (The Connecticut Light & Power Co) Dividend Yield % : 6.20% (As of May. 11, 2024)


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What is The Connecticut Light & Power Co Dividend Yield %?

As of today (2024-05-11), the Trailing Annual Dividend Yield of The Connecticut Light & Power Co is 6.20%.

The historical rank and industry rank for The Connecticut Light & Power Co's Dividend Yield % or its related term are showing as below:

CNLPL.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.46
Current: 6.2

During the past 13 years, the highest Dividend Yield of The Connecticut Light & Power Co was 6.46%. The lowest was 0.00%. And the median was 0.00%.

CNLPL.PFD's Dividend Yield % is not ranked
in the Utilities - Regulated industry.
Industry Median: 3.86 vs CNLPL.PFD: 6.20

The Connecticut Light & Power Co's Dividend Payout Ratio for the three months ended in Dec. 2019 was 0.00.

As of today (2024-05-11), the Forward Dividend Yield % of The Connecticut Light & Power Co is 6.20%.

The Connecticut Light & Power Co's Dividends per Share for the three months ended in Dec. 2019 was $0.00.

The growth rate is calculated with least square regression.

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


The Connecticut Light & Power Co Dividend Yield % Historical Data

The historical data trend for The Connecticut Light & Power Co's Dividend Yield % 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.

* Premium members only.

The Connecticut Light & Power Co Dividend Yield % Chart

The Connecticut Light & Power Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Dividend Yield %
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The Connecticut Light & Power Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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Competitive Comparison of The Connecticut Light & Power Co's Dividend Yield %

For the Utilities - Regulated Electric subindustry, The Connecticut Light & Power Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


The Connecticut Light & Power Co's Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, The Connecticut Light & Power Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where The Connecticut Light & Power Co's Dividend Yield % falls into.



The Connecticut Light & Power Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

The Connecticut Light & Power Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.8100002024-03-072024-03-082024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.8100002023-12-072023-12-082024-01-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.8100002023-09-072023-09-082023-10-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.8100002023-06-082023-06-092023-07-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

The Connecticut Light & Power Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.24/52.25
=6.20 %

Current Share Price is $52.25.
The Connecticut Light & Power Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.24.

The Connecticut Light & Power Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.24/52.25
=6.20 %

Current Share Price is $52.25.
The Connecticut Light & Power Co's Dividends per Share for the forward twelve months is calculated as $0.81 * 4 = $3.24.

* 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.


The Connecticut Light & Power Co  (OTCPK:CNLPL.PFD) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


The Connecticut Light & Power Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of The Connecticut Light & Power Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


The Connecticut Light & Power Co (The Connecticut Light & Power Co) Business Description

Traded in Other Exchanges
N/A
Address
107 Selden Street, Berlin, CT, USA, 06037-1616
The Connecticut Light & Power Co is a regulated electric utility that serves residential, commercial and industrial customers in parts of Connecticut. Its business consists of purchase, delivery, and sale of electricity to customers.

The Connecticut Light & Power Co (The Connecticut Light & Power Co) Headlines

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