Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- The ex-dividend date for NextEra Energy (NYSE: NEE) is tomorrow, August 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 60 cents per share. At a price of $68.27 as of 9:30 a.m. ET, the dividend yield is 3.5%. The average volume for NextEra Energy has been 1.6 million shares per day over the past 30 days. NextEra Energy has a market cap of $28.68 billion and is part of the utilities sector and utilities industry. Shares are up 12.2% 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. The company is involved in the generation of renewable energy from wind and solar projects. The company has a P/E ratio of 13.2, 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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