NextEra Energy, Inc. (NYSE:NEE – Get Free Report) announced a quarterly dividend on Thursday, May 21st. Shareholders of record on Friday, June 5th will be given a dividend of 0.6232 per share by the utilities provider on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, June 5th.
NextEra Energy has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 31 consecutive years. NextEra Energy has a payout ratio of 62.4% meaning its dividend is sufficiently covered by earnings. Analysts expect NextEra Energy to earn $4.36 per share next year, which means the company should continue to be able to cover its $2.49 annual dividend with an expected future payout ratio of 57.1%.
NextEra Energy Price Performance
NEE stock opened at $89.66 on Friday. The stock has a 50-day moving average price of $92.77 and a two-hundred day moving average price of $88.03. NextEra Energy has a 12-month low of $63.88 and a 12-month high of $98.75. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. The company has a market cap of $186.96 billion, a PE ratio of 22.81, a price-to-earnings-growth ratio of 2.59 and a beta of 0.73.
NextEra Energy News Summary
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: NextEra announced a regular quarterly dividend of $0.6232 per share, reinforcing its appeal as a yield-oriented utility stock and supporting investor confidence in cash flow stability.
- Positive Sentiment: NextEra agreed to buy Caliber Resource Partners for about $1.3 billion and form a shale-focused joint venture, expanding beyond renewables and regulated utilities into oil and gas assets. Article: NextEra Energy Broadens Energy Mix With US$1.3b Caliber Acquisition
- Positive Sentiment: The company’s massive all-stock acquisition of Dominion Energy is being viewed by some analysts as a strategic move that could boost long-term scale, earnings growth, and power supply exposure tied to AI-driven electricity demand. Article: NextEra to buy Quantum-backed energy firm Caliber, set up US shale JV, sources say
- Neutral Sentiment: Several articles highlighted the Dominion deal as one of the largest energy acquisitions in decades, which may increase investor attention but also adds uncertainty around integration and financing.
- Negative Sentiment: Some market commentary says shares fell after the Dominion announcement because investors questioned the terms of the roughly $67 billion all-stock deal, especially the premium paid for Dominion and the execution risk of such a large merger. Article: NextEra stock drops as Wall Street balks at Dominion share price
NextEra Energy Company Profile
NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.
NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.
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