NEW YORK (
) -- The ex-dividend date for
) is tomorrow, August 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 55 cents per share. At a price of $53.95 as of 9:44 a.m. ET, the dividend yield is 4%.
The average volume for NextEra Energy has been 2.1 million shares per day over the past 30 days. NextEra Energy has a market cap of $23.1 billion and is part of the
industry. Shares are up 4.4% year to date as of the close of trading on Monday.
NextEra Energy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy in the United States and Canada. As of December 31, 2010, NextEra Energy had approximately 43,000 mega watts of generating capacity. The company has a P/E ratio of 12.4, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates NextEra Energy as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, increase in stock price during the past year, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full