NextEra Energy Equity Units Goes Ex-Dividend Soon

On 11/25/14, NextEra Energy Inc's Equity Units (NEE.PRO) will trade ex-dividend, for its quarterly dividend of $0.7361, payable on 12/1/14. As a percentage of NEE.PRO's recent share price of $65.30, this dividend works out to approximately 1.13%, so look for shares of NEE.PRO to trade 1.13% lower — all else being equal — when NEE.PRO shares open for trading on 11/25/14. On an annualized basis, the current yield is approximately 4.52%, which compares to an average yield of 4.78% in the "Utilities" preferred stock category, according to Preferred Stock Channel.

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As of last close, NEE.PRO was trading at a 30.38% premium to its liquidation preference amount. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend.The chart below shows the one year performance of NEE.PRO shares, versus NEE:

Performance Comparison Chart

Below is a dividend history chart for NEE.PRO, showing historical dividends prior to the most recent $0.7361 on NextEra Energy Inc's Equity Units:

NEE.PRO+Dividend+History+Chart

According to the ETF Finder at ETF Channel, NextEra Energy Inc ( NEE) makes up 8.41% of the Uranium+Nuclear Energy ETF (NLR) which is trading higher by about 0.1% on the day Friday.

In Friday trading, NextEra Energy Inc's Equity Units ( NEE.PRO) is currently up about 0.2% on the day, while the common shares ( NEE) are down about 0.1%.

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