NextEra Energy board declares increase in quarterly dividend payable 3/15/12
NextEra Energy board declares quarterly dividend increase to $.60/share.....
JUNO BEACH, Fla., Feb. 17, 2012 /PRNewswire/ -- The board of directors of NextEra Energy, Inc. (NYSE: NEE) today declared a regular quarterly common stock dividend of 60 cents per share. The dividend is payable on March 15, 2012, to shareholders of record on March 2, 2012.
"Given the currently expected increase in the proportion of NextEra Energy's portfolio represented by rate-regulated businesses and assets under long-term contract, which management has publicly discussed with investors, the Board presently expects to target a payout ratio, expressed relative to adjusted earnings, of approximately 55 percent in 2014, up from the 2002 through 2011 average of 49 percent. Today's decision to increase the dividend to 60 cents per share is consistent with that longer term view."
I seriously doubt it. I can see the tax on dividends being repealed. Now if you income is above one million, then a slight tax increase on ordinary income wouldn`t be the end of the world. Now 44%, you got to be kidding! I trust that you are not an Obama basher, right!