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NEP (NextEra Energy Partners LP) Dividend Payout Ratio : 0.00 (As of Sep. 2024)


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What is NextEra Energy Partners LP Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. NextEra Energy Partners LP's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NextEra Energy Partners LP is 6.93, which seems too high.

The historical rank and industry rank for NextEra Energy Partners LP's Dividend Payout Ratio or its related term are showing as below:

NEP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.86   Max: 9.93
Current: 6.93


During the past 12 years, the highest Dividend Payout Ratio of NextEra Energy Partners LP was 9.93. The lowest was 0.61. And the median was 1.86.

NEP's Dividend Payout Ratio is ranked worse than
97.94% of 194 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.46 vs NEP: 6.93

As of today (2024-12-15), the Dividend Yield % of NextEra Energy Partners LP is 20.07%.

During the past 12 years, the highest Trailing Annual Dividend Yield of NextEra Energy Partners LP was 21.58%. The lowest was 0.43%. And the median was 3.64%.

NextEra Energy Partners LP's Dividends per Share for the months ended in Sep. 2024 was $0.91.

During the past 12 months, NextEra Energy Partners LP's average Dividends Per Share Growth Rate was 7.50% 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


NextEra Energy Partners LP Dividend Payout Ratio Historical Data

The historical data trend for NextEra Energy Partners LP's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

NextEra Energy Partners LP Dividend Payout Ratio Chart

NextEra Energy Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.86 0.61 9.93

NextEra Energy Partners LP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.82 0.72 1.17 1.35 -

Competitive Comparison of NextEra Energy Partners LP's Dividend Payout Ratio

For the Utilities - Renewable subindustry, NextEra Energy Partners LP's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where NextEra Energy Partners LP's Dividend Payout Ratio falls into.



NextEra Energy Partners LP Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

NextEra Energy Partners LP's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=3.377/ 0.34
=9.93

NextEra Energy Partners LP's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.905/ -0.548
=N/A

* 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) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


NextEra Energy Partners LP Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of NextEra Energy Partners LP's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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. Renewable energy assets consist of wind, solar, and solar-plus-storage projects and a stand-alone battery storage project, as well as contracted natural gas pipeline assets. 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