NextEra Energy Dividends and Buybacks
Dividend criteria checks 3/6
NextEra Energy is a dividend paying company with a current yield of 2.71% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
2.7%
Dividend yield
-0.006%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | -1.3% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | US$2.060 |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NEE's dividends per share have been stable in the past 10 years.
Growing Dividend: NEE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NextEra Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NEE) | 2.7% |
| Market Bottom 25% (PE) | 3.9% |
| Market Top 25% (PE) | 12.5% |
| Industry Average (Electric Utilities) | 5.9% |
| Analyst forecast (NEE) (up to 3 years) | 3.3% |
Notable Dividend: NEE's dividend (2.71%) isn’t notable compared to the bottom 25% of dividend payers in the PE market (3.87%).
High Dividend: NEE's dividend (2.71%) is low compared to the top 25% of dividend payers in the PE market (12.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.4%), NEE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NEE is paying a dividend but the company has no free cash flows.