Dividends have been increased 10% in each of the last 3 years. That is a NICE divi growth record!
This board has always acted in the best interest of both rate payer and stock holder,
You might say fair and balanced !!
Sentiment: Strong Buy
Tom, the Dividend Increase is what is most important! Since Aug. of 2011 NEE`s Stock Price has appreciated from approx. $50.00 to its current level. I also sense that a split is in order. If the BOD desires a Split, they will proceed.
I simply love getting a raise. Especially when I didn't have to work any harder to get it. :)
Quarterly Distribution to.725 cents/sh. from .66 cents/sh or a 9.85% Increase!
** JUNO BEACH, Fla., Feb. 14, 2014 /PRNewswire/ -- The board of directors of NextEra Energy, Inc. (NYSE: NEE) today declared a regular quarterly common stock dividend of 72.5 cents per share. This increase in the dividend is consistent with the plan announced in 2012 and reiterated last year of targeting a 55 percent payout ratio, expressed relative to adjusted earnings, in 2014. This plan is based on, among other considerations described in 2012, the expectation of a shift in NextEra Energy's portfolio mix towards more regulated and long-term contracted assets. The dividend is payable on March 17, 2014, to shareholders of record on Feb. 28, 2014. **
Thanks BOD!! Excellent job and many thanks to all the employees who made this possible!
Sentiment: Strong Buy
Please post to this thread, your location, name of electricity supplier, total cost of your latest electricity bill, number of kwh used and cost (cents) per kwh to 3 decimal places.
I'm in Newport, RI, National Grid is the supplier, my latest bill is $132.25 for 770 kwh...17.188 cents per kwh which happens to be more than a 10% increase from the prior bill. I should change my screen name to raped in RI.
Based on NEE 5 year avg. dividend of 3.5 % (per Yahoo finance)….. I'll predict that we may not get to that level but perhaps a $0.09 Q increase of 14% to $0.75/Q. Nominally 3.3%.
This is what good mgt. looks like.
These guys should spend a year in Washington an get our country in order.
Next dividend will likely be an increase and declared in mid-February and paid in early March. Go to the company web site and look at the dividend tables and you will see a trend.
NextEra Energy reports fourth quarter and full-year 2013 earnings
January 28, 2014
•NextEra Energy generated strong results in the full year 2013
•Florida Power & Light Company continued to invest in the business to improve the value delivered to customers
•NextEra Energy Resources added 374 MW of new wind capacity and 280 MW of new solar capacity to its portfolio in 2013
JUNO BEACH, Fla. - NextEra Energy, Inc. (NYSE: NEE) today reported 2013 fourth-quarter net income on a GAAP basis of $327 million, or $0.75 per share, compared with $429 million, or $1.02 per share, in the fourth quarter of 2012. On an adjusted basis, NextEra Energy's earnings were $414 million, or $0.95 per share, compared with $433 million, or $1.03 per share, in the fourth quarter of 2012.
For the full year 2013, NextEra Energy reported net income on a GAAP basis of $1.9 billion, or $4.47 per share, compared with $1.9 billion, or $4.56 per share, in 2012. On an adjusted basis, NextEra Energy's 2013 earnings were $2.1 billion, or $4.97 per share, for the full year, compared with $1.9 billion, or $4.57 per share, in 2012.
Adjusted earnings exclude the mark-to-market effects of non-qualifying hedges, as well as the net effect of other than temporary impairments (OTTI) on certain investments and operating results from the Spain solar project. For 2013, adjusted earnings expectations also exclude the gain on the sale of the Maine hydropower assets, a charge associated with the decision to sell merchant fossil assets in Maine, and charges associated with an impairment on the Spain solar project. All of these items relate primarily to the business of NextEra Energy Resources, LLC and its affiliated entities.
NextEra Energy's management uses adjusted earnings, which is a non-GAAP financial measure, internally for financial planning, for analysis of performance, for reporting of results to the Board of Directors and as an input in determining performance-based compensation under the co
i couldn't agree more and even though at the current price it pays 3% i bought in at 48 so my dividend is actually like 6%......and i love it.