Nextera Energy Partners's most recent quarterly dividend payment of $0.843 per share was made to shareholders on record before May 4, 2023. The payout stands at $3.21 per share annually, which works out to a dividend yield of 5.22%. The latest NEP stock dividend of $0.843 is an increase from the previous $0.813 distribution, representing a growth of 3.7%.
NEP has a dividend yield of 5.22% which is higher than the Utilities sector and the industry average. If we compare it with the Utilities sector average of 3.34%, Nextera Energy Partners's dividend yield is 56% higher. The current dividend yield is more than the historical average of 3.8% of the last 5 years.
Nextera Energy Partners has been paying dividends for the last nine years. According to our data NEP has issued four quarterly dividends in the last twelve months. The annualized DPS has an increase of 15% for the last year. And since the stock price has gone down by 15% from a year ago, the dividend yield has an increase of 35%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 4, 2023 | May 15, 2023 | Apr 24, 2023 | $0.843 | normal |
| Feb 3, 2023 | Feb 14, 2023 | Jan 25, 2023 | $0.813 | normal |
| Nov 3, 2022 | Nov 14, 2022 | Oct 24, 2022 | $0.788 | normal |
| Aug 3, 2022 | Aug 12, 2022 | Jul 21, 2022 | $0.763 | normal |
| May 4, 2022 | May 12, 2022 | Apr 21, 2022 | $0.733 | normal |
| Feb 3, 2022 | Feb 14, 2022 | Jan 24, 2022 | $0.708 | normal |
| Nov 3, 2021 | Nov 12, 2021 | Oct 20, 2021 | $0.685 | normal |
| Aug 4, 2021 | Aug 13, 2021 | Jul 23, 2021 | $0.663 | normal |
| May 5, 2021 | May 14, 2021 | Apr 20, 2021 | $0.638 | normal |
| Feb 4, 2021 | Feb 12, 2021 | Jan 25, 2021 | $0.615 | normal |
| Nov 4, 2020 | Nov 13, 2020 | Oct 20, 2020 | $0.595 | normal |
| Aug 5, 2020 | Aug 14, 2020 | Jul 23, 2020 | $0.578 | normal |
| May 6, 2020 | May 15, 2020 | Apr 21, 2020 | $0.555 | normal |
| Feb 5, 2020 | Feb 14, 2020 | Jan 23, 2020 | $0.535 | normal |
| Nov 5, 2019 | Nov 14, 2019 | Oct 21, 2019 | $0.518 | normal |
| Aug 5, 2019 | Aug 14, 2019 | Jul 23, 2019 | $0.503 | normal |
| May 6, 2019 | May 15, 2019 | Apr 22, 2019 | $0.483 | normal |
| Feb 5, 2019 | Feb 14, 2019 | Jan 24, 2019 | $0.465 | normal |
| Nov 5, 2018 | Nov 14, 2018 | Oct 22, 2018 | $0.45 | normal |
| Aug 3, 2018 | Aug 14, 2018 | Jul 25, 2018 | $0.438 | normal |
| May 4, 2018 | May 15, 2018 | Apr 23, 2018 | $0.42 | normal |
| Feb 2, 2018 | Feb 14, 2018 | Jan 25, 2018 | $0.405 | normal |
| Nov 3, 2017 | Nov 14, 2017 | Oct 25, 2017 | $0.393 | normal |
| Aug 3, 2017 | Aug 14, 2017 | Jul 25, 2017 | $0.38 | normal |
| May 4, 2017 | May 15, 2017 | Apr 20, 2017 | $0.365 | normal |
| Feb 3, 2017 | Feb 14, 2017 | Jan 27, 2017 | $0.353 | normal |
| Nov 4, 2016 | Nov 14, 2016 | Oct 31, 2016 | $0.341 | normal |
| Aug 2, 2016 | Aug 12, 2016 | Jul 26, 2016 | $0.33 | normal |
| May 4, 2016 | May 13, 2016 | Apr 28, 2016 | $0.319 | normal |
NEP has a payout ratio of 85.7% which is higher than the Utilities sector average. In comparison with the Utilities sector average of 65.6%, Nextera Energy Partners's payout ratio is 31% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NEP Nextera Energy Partners Lp | 5.19% | $3.21 | 85.7% |
| HE Hawaiian Electric Industries Inc | 3.96% | $1.42 | 68.6% |
| ORA Ormat Technologies Inc | 0.56% | $0.48 | 35.6% |
Yes, Nextera Energy Partners has paid four dividends in the last 12 months. NEP has been paying dividends since 2014.
Currently NEP's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in August 2023.
Nextera Energy Partners's last dividend ex-date was on May 4, 2023. The dividend amount was $0.843 per share.
NEP has paid dividend of $3.21 per share in the last year.
Nextera Energy Partners's current dividend yield is 5.22%.
Nextera Energy Partners pays four dividends per year.
The dividend payout ratio of Nextera Energy Partners is 85.7%.
Nextera Energy Partners's dividend yield is more than the Utilities sector average.