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NEP Nextera Energy Partners dividend history, payout ratio & dates

Nextera Energy Partners's most recent quarterly dividend payment of $0.893 per share was made to shareholders on record before May 6, 2024. The payout stands at $3.49 per share annually, which works out to a dividend yield of 11.59%. The latest NEP stock dividend of $0.893 is an increase from the previous $0.88 distribution, representing a growth of 1.4%.

Key dates

  • NEP last dividend date: May 6, 2024
  • NEP next dividend date: Not announced
NEP dividend stats
DPS
$3.49
Dividend yield
11.63%
Payout ratio
113.8%
vs. Utilities sector
Dividend yield
3.39%
Payout ratio
64%

Dividend yield

What is Nextera Energy Partners current dividend yield

NEP has a dividend yield of 11.59% which is higher than the Utilities sector and its peers average. If we compare it with the Utilities sector average of 3.39%, Nextera Energy Partners's dividend yield is 242% higher. The current dividend yield is more than the historical average of 5.2% of the last 5 years.

Dividend history

What is NEP dividend payout history and dates

Nextera Energy Partners has been paying dividends for the last ten years. According to our data NEP has issued four quarterly dividends in the last twelve months. The annualized DPS has an increase of 9% for the last year. And since the stock price has gone down by 43% from a year ago, the dividend yield has an increase of 91%.

Recent dividends

Ex-date Payment date Declared on Amount Type
May 6, 2024 May 15, 2024 Apr 23, 2024 $0.893 normal
Feb 5, 2024 Feb 14, 2024 Jan 24, 2024 $0.88 normal
Nov 3, 2023 Nov 14, 2023 Oct 24, 2023 $0.868 normal
Aug 3, 2023 Aug 14, 2023 Jul 24, 2023 $0.854 normal
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

Nextera Energy Partners dividend payout ratio

What is Nextera Energy Partners dividend payout ratio compared to the sector

Payout ratio

NEP has a payout ratio of 113.8% which is higher than the Utilities sector and its peers average. In comparison with the Utilities sector average of 64%, Nextera Energy Partners's payout ratio is 78% higher.

Total amount of dividends paid per financial year (from cash flow)

NEP dividend vs peer dividends

How does NEP dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NEP Nextera Energy Partners Lp 11.63% $3.49 113.8%
LNT Alliant Energy Corp 3.64% $1.87 67.8%
AEE Ameren Corp 3.43% $2.56 58.7%
ORA Ormat Technologies Inc 0.7% $0.48 23%

Frequently asked questions

Does Nextera Energy Partners pay a dividend?

Yes, Nextera Energy Partners has paid four dividends in the last 12 months. NEP has been paying dividends since 2014.

When is Nextera Energy Partners's next dividend?

Currently NEP's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in August 2024.

When was NEP's last dividend?

Nextera Energy Partners's last dividend ex-date was on May 6, 2024. The dividend amount was $0.893 per share.

How much dividend does Nextera Energy Partners pay (per share)?

NEP has paid dividend of $3.49 per share in the last year.

What is Nextera Energy Partners's dividend yield?

Nextera Energy Partners's current dividend yield is 11.59%.

How often does Nextera Energy Partners pay dividends?

Nextera Energy Partners pays four dividends per year.

What is Nextera Energy Partners's dividend payout ratio?

The dividend payout ratio of Nextera Energy Partners is 113.8%.

Does Nextera Energy Partners pay a good dividend?

Nextera Energy Partners's dividend yield is more than the Utilities sector average.