On 2/25/15, NextEra Energy Inc's Equity Units (NEE.PRO) will trade ex-dividend, for its quarterly dividend of $0.7361, payable on 3/2/15. As a percentage of NEE.PRO's recent share price of $66.48, this dividend works out to approximately 1.11%, so look for shares of NEE.PRO to trade 1.11% lower — all else being equal — when NEE.PRO shares open for trading on 2/25/15. On an annualized basis, the current yield is approximately 4.42%, which compares to an average yield of 4.68% in the "Utilities" preferred stock category, according to Preferred Stock Channel.As of last close, NEE.PRO was trading at a 33.24% premium to its liquidation preference amount, versus the average premium of 1.98% in the "Utilities" category. 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: 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: According to the ETF Finder at ETF Channel, NextEra Energy Inc ( NEE) makes up 8.50% of the Uranium+Nuclear Energy ETF (NLR) which is trading higher by about 0.4% on the day Monday. In Monday trading, NextEra Energy Inc's Equity Units ( NEE.PRO) is currently down about 0.2% on the day, while the common shares ( NEE) are up about 0.1%.
HOST // Robert Powell
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