NextEra Energy, Inc. (NEE) will begin trading ex-dividend on August 27, 2020. A cash dividend payment of $1.4 per share is scheduled to be paid on September 15, 2020. Shareholders who purchased NEE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that NEE has paid the same dividend. At the current stock price of $281.31, the dividend yield is 1.99%.
The previous trading day's last sale of NEE was $281.31, representing a -2.8% decrease from the 52 week high of $289.41 and a 60.93% increase over the 52 week low of $174.80.
NEE is a part of the Public Utilities sector, which includes companies such as Dominion Energy, Inc. (D) and Southern Company (SO). NEE's current earnings per share, an indicator of a company's profitability, is $7.25. Zacks Investment Research reports NEE's forecasted earnings growth in 2020 as 9.11%, compared to an industry average of -3.3%.
Interested in gaining exposure to NEE through an Exchange Traded Fund [ETF]?
The following ETF(s) have NEE as a top-10 holding:
- Virtus Reaves Utilities ETF (UTES)
- SPDR Select Sector Fund - Utilities (XLU)
- iShares U.S. Utilities ETF (IDU)
- Vanguard Utilities ETF (VPU)
- Inspire 100 ETF (BIBL).
The top-performing ETF of this group is BIBL with an increase of 37.8% over the last 100 days. UTES has the highest percent weighting of NEE at 22.59%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.