NextEra Energy Inc (NYSE: NEE) said that
its board declared a regular quarterly common stock dividend of $0.87 per share. On a full-year basis, the dividend worked out to
$3.48 a share.
The company has been boosting its dividend for 19 straight years. As a result, its average dividend growth rate was 9.33 percent
in the five-year period. Also, the company has been maintaining a dividend payout ratio of more than 50 percent. For instance, the
current dividend represented 55.0 percent.
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NextEra said that the dividend would be paid on Sept. 15 to its shareholders of record of Aug. 30. The dividend offered 2.70
percent, slightly below its five-year average yield of 2.90 percent.
The stock traded $0.72 or 0.57 percent higher at $128.13 on Friday at time of writing.
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