NextEra Energy, Inc. Declares Quarterly Dividend of $0.62 (NYSE:NEE)

NextEra Energy, Inc. (NYSE:NEE) declared 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) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, August 28th.

NextEra Energy has raised its dividend by an average of 0.1%annually 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 Performance

Shares of NEE opened at $87.94 on Friday. The firm has a market capitalization of $183.43 billion, a PE ratio of 19.76, a P/E/G ratio of 2.42 and a beta of 0.67. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The firm has a 50-day moving average price of $87.33 and a 200 day moving average price of $89.79. NextEra Energy has a 52-week low of $69.24 and a 52-week high of $98.75.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Laurel Wealth Advisors LLC acquired a new position in NextEra Energy during the fourth quarter worth $25,000. Anfield Capital Management LLC raised its stake in shares of NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 270 shares during the last quarter. Wealth Watch Advisors INC grew its position in NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 226 shares during the last quarter. Osbon Capital Management LLC bought a new position in NextEra Energy in the 4th quarter valued at $27,000. Finally, Strive Asset Management LLC acquired a new stake in shares of NextEra Energy in the third quarter valued at $29,000. Institutional investors own 78.72% of the company’s stock.

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.