NEW YORK (
) -- The ex-dividend date for
) is tomorrow, May 31, 2012. Owners of shares as of market close today will be eligible for a dividend of 60 cents per share. At a price of $65.35 as of 9:30 a.m. ET, the dividend yield is 3.7%.
The average volume for NextEra Energy has been two million shares per day over the past 30 days. NextEra Energy has a market cap of $27.25 billion and is part of the
industry. Shares are up 7.8% year to date as of the close of trading on Tuesday.
NextEra Energy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy in the United States and Canada. The company is involved in the generation of renewable energy from wind and solar projects. The company has a P/E ratio of 12.9, 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 revenue growth, solid stock price performance, compelling growth in net income and notable return on equity. 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