NextEra Energy, Inc. (NEE) to Issue Quarterly Dividend of $0.62 on September 15th

NextEra Energy, Inc. (NYSE:NEE) announced a quarterly dividend on Thursday, July 30th. Shareholders of record on Friday, August 28th will be paid a dividend of 0.6232 per share by the utilities provider on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, August 28th.

NextEra Energy has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 31 years. NextEra Energy has a payout ratio of 62.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect NextEra Energy to earn $4.37 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 57.0%.

NextEra Energy Stock Down 0.9%

Shares of NYSE NEE opened at $87.14 on Friday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. NextEra Energy has a 52 week low of $69.24 and a 52 week high of $98.75. The stock has a market capitalization of $181.75 billion, a P/E ratio of 19.58, a PEG ratio of 2.41 and a beta of 0.67. The stock’s fifty day moving average is $87.30 and its 200 day moving average is $89.77.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter in the prior year, the firm posted $1.05 EPS. The firm’s quarterly revenue was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Sell-side analysts forecast that NextEra Energy will post 4.01 earnings per share for the current fiscal year.

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.