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NextEra Energy Partners LP (NextEra Energy Partners LP) Forward Dividend Yield % : 11.80% (As of Apr. 25, 2024)


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What is NextEra Energy Partners LP Forward Dividend Yield %?

As of today (2024-04-25), the Forward Annual Dividend Yield of NextEra Energy Partners LP is 11.80%.

As of today (2024-04-25), the Trailing Annual Dividend Yield of NextEra Energy Partners LP is 11.80%.

NEP's Forward Dividend Yield % is ranked better than
88.56% of 236 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.46 vs NEP: 11.80

NextEra Energy Partners LP's Dividends per Share for the three months ended in Mar. 2024 was $0.88.

During the past 12 months, NextEra Energy Partners LP's average Dividends Per Share Growth Rate was 11.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.70% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of NextEra Energy Partners LP was 99.40% per year. The lowest was 14.30% per year. And the median was 14.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of NextEra Energy Partners LP's Forward Dividend Yield %

For the Utilities - Renewable subindustry, NextEra Energy Partners LP's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NextEra Energy Partners LP's Forward Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, NextEra Energy Partners LP's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where NextEra Energy Partners LP's Forward Dividend Yield % falls into.



NextEra Energy Partners LP Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

NextEra Energy Partners LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.8802024-02-052024-02-062024-02-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.8682023-11-032023-11-062023-11-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.8542023-08-032023-08-042023-08-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.8432023-05-042023-05-052023-05-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

NextEra Energy Partners LP's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.52/29.16
=12.07 %

Current Share Price is $29.16.
NextEra Energy Partners LP's Dividends per Share for the forward twelve months is calculated as $0.88 * 4 = $3.52.

NextEra Energy Partners LP's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.445/29.16
=11.81 %

Current Share Price is $29.16.
NextEra Energy Partners LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.445.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NextEra Energy Partners LP  (NYSE:NEP) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


NextEra Energy Partners LP Forward Dividend Yield % Related Terms

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NextEra Energy Partners LP (NextEra Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
700 Universe Boulevard, Juno Beach, FL, USA, 33408
NextEra Energy Partners LP is formed to acquire, manage and own contracted clean energy projects. It owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The renewable energy projects are fully contracted, use industry technology and are in regions that are favorable for generating energy from the wind and sun. Its natural gas pipelines in the portfolio are all strategically located, serving power producers and municipalities in South Texas, processing plants and producers in the Eagle Ford Shale, and commercial and industrial customers in the Houston area. Renewable energy sales generate maximum revenue for the company.
Executives
Peter H Kind director ONE LEADERSHIP SQUARE, 211 NORTH ROBINSON AVENUE, OKLAHOMA CITY OK 73102
Michael Dunne officer: Treasurer 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Crews Terrell Kirk Ii officer: Chief Financial Officer 700 UNIVERSE BLVD, JUNO BEACH FL 33408
James Michael May officer: Controller/CAO 700 UNIVERSE BLVD, JUNO BEACH FL 33408
John W Ketchum director, officer: President 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Charles E Sieving officer: General Counsel C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Rebecca J Kujawa director, officer: Chief Financial Officer 700 UNIVERSE BLVD, JUNO BEACH FL 33408
James L Robo director, officer: Chairman & CEO 3300 PGA BOULEVARD, SUITE 350, PALM BEACH GARDENS FL 33410
Robert J Byrne director C/O MASONITE INTERNATIONAL CORPORATION, 201 NORTH FRANKLIN ST., SUITE 300, TAMPA FL 33602
Paul I Cutler officer: Treasurer & Asst. Sec C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Mark E Hickson director, officer: EVP, Strategy & Corp Dev 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Susan D Austin director 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Armando Jr Pimentel director, officer: President of GP C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD., JUNO BEACH FL 33408
James N. Suciu director 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Nextera Energy Partners, Lp director 700 UNIVERSE BOULEVARD, JUNO BEACH FL 33408

NextEra Energy Partners LP (NextEra Energy Partners LP) Headlines

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