Nextera Energy (NEE) Raises Quarterly Dividend 13% to $0.87; 3.1% Yield

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Go back to Nextera Energy (NEE) Raises Quarterly Dividend 13% to $0.87; 3.1% Yield

NextEra Energy board declares quarterly dividend

February 12, 2016 2:45 PM EST

JUNO BEACH, Fla., Feb. 12, 2016 /PRNewswire/ -- The board of directors of NextEra Energy, Inc. (NYSE: NEE) today declared a regular quarterly common stock dividend of 87 cents per share, up 13 percent versus the prior-year comparable quarterly dividend. This increase is consistent with the plan announced in 2015 of targeting 12 to 14 percent annual growth in dividends per share, off a 2015 base, and targeting a 65 percent payout ratio, expressed relative to adjusted earnings per share, by 2018. The dividend is payable on March 15, 2016, to shareholders of record on Feb. 26, 2016.... More