Reminder: NextEra Energy Equity Units Goes Ex-Dividend SoonBy Energy Stock Channel Staff, Wednesday, May 25, 1:33 PM ETOn 5/27/22, NextEra Energy Inc's Equity Units (NEE.PRO) will trade ex-dividend, for its quarterly dividend of $0.609, payable on 6/1/22. As a percentage of NEE.PRO's recent share price of $54.99, this dividend works out to approximately 1.11%, so look for shares of NEE.PRO to trade 1.11% lower — all else being equal — when NEE.PRO shares open for trading on 5/27/22. On an annualized basis, the current yield is approximately 4.41%, which compares to an average yield of 6.02% in the "Utilities" preferred stock category, according to Preferred Stock Channel. As of last close, NEE.PRO was trading at a 10.56% premium to its liquidation preference amount. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend. The chart below shows the one year performance of NEE.PRO shares, versus NEE:
Below is a dividend history chart for NEE.PRO, showing historical dividends prior to the most recent $0.609 on NextEra Energy Inc's Equity Units: Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Wednesday trading, NextEra Energy Inc's Equity Units (NEE.PRO) is currently off about 0.5% on the day, while the common shares (NYSE:NEE) are off about 0.2%.
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