Today, February 14, 2024, marks an important moment for investors of NextEra Energy Partners (NYSE:NEP). The company will distribute a dividend payout of $0.88 per share, demonstrating an annualized dividend yield of 12.64%. Remember, only shareholders prior to the ex-dividend date on February 05, 2024 are eligible for this payout.
NextEra Energy Partners Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-05 | 4$0.88 | 12.64% | 2024-01-24 | 2024-02-06 | 2024-02-14 | |
| 2023-11-03 | 4$0.87 | 15.48% | 2023-10-24 | 2023-11-06 | 2023-11-14 | |
| 2023-08-03 | 4$0.85 | 5.82% | 2023-07-24 | 2023-08-04 | 2023-08-14 | |
| 2023-05-04 | 4$0.84 | 5.28% | 2023-04-24 | 2023-05-05 | 2023-05-15 | |
| 2023-02-03 | 4$0.81 | 4.32% | 2023-01-25 | 2023-02-06 | 2023-02-14 | |
| 2022-11-03 | 4$0.79 | 4.54% | 2022-10-24 | 2022-11-04 | 2022-11-14 | |
| 2022-08-03 | 4$0.76 | 4.15% | 2022-07-22 | 2022-08-04 | 2022-08-12 | |
| 2022-05-04 | 4$0.73 | 3.94% | 2022-04-20 | 2022-05-05 | 2022-05-12 | |
| 2022-02-03 | 4$0.71 | 3.89% | 2022-01-25 | 2022-02-04 | 2022-02-14 | |
| 2021-11-03 | 4$0.69 | 3.44% | 2021-10-20 | 2021-11-04 | 2021-11-12 | |
| 2021-08-04 | 4$0.66 | 3.55% | 2021-07-23 | 2021-08-05 | 2021-08-13 | |
| 2021-05-05 | 4$0.64 | 3.56% | 2021-04-21 | 2021-05-06 | 2021-05-14 |
With the highest dividend yield among its industry peers, NextEra Energy Partners outshines Atlantica Sustainable (NASDAQ:AY), who have an annualized dividend yield of 9.59%.
Analyzing NextEra Energy Partners Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2020 to 2023, the company's dividend per share showed a positive trend, increasing steadily from $2.26 in 2020 to $3.38 in 2023. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For NextEra Energy Partners
From 2020 to 2023, NextEra Energy Partners experienced a growth in earnings per share, with an increase from $-1.44 to $1.33. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
This article delves into the recent dividend payout of NextEra Energy Partners and its implications for shareholders. Presently, the company is distributing a dividend of $0.88 per share, leading to an annualized dividend yield of 12.64%.
With the highest dividend yield among its industry peers, NextEra Energy Partners outshines Atlantica Sustainable, who have an annualized dividend yield of 9.59%.
The upward trend in dividend per share and earnings per share for NextEra Energy Partners from 2020 to 2023 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
[Click here]( to find details on NextEra Energy Partners's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.