
NextEra Energy, Inc.
NEE30 yrs growthUtilities · Utilities - Regulated Electric · Stock · quarterly payer
Forward Yield
3.18%
Annual Dividend
$2.49
Payout Ratio
53%
5-Yr Growth
10.1%
Ex-Date
Aug 28, 2026
Frequency
Quarterly
Key facts about NEE's dividend
Data as of · Source: SmarterDividends data
- As of Oct 22, 2026, NextEra Energy, Inc. (NEE) has a forward dividend yield of 3.18%, based on an annual dividend of $2.49 per share and a share price of $78.28.
- As of Oct 22, 2026, NEE's dividend safety grade from SmarterDividends is A (90 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, NextEra Energy, Inc. (NEE) has raised its dividend for 30 consecutive years as of Oct 22, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
- NEE last cut its regular dividend in 1994.
- NEE's most recent ex-dividend date was Aug 28, 2026, for a dividend of $0.62 per share.
- As of Oct 22, 2026, NEE pays out 53% of its trailing 12-month earnings as dividends (its payout ratio).
- NEE's dividend has grown at an average rate of 10.1% a year over the past five years.
- As of Oct 22, 2026, NEE's 3.18% yield is 25% above its five-year average yield of 2.54%.
- As of Oct 22, 2026, SmarterDividends' blended fair-value estimate for NEE is $83.50 per share, 7% above the $78.28 share price, so NEE screens as fairly valued.
- NextEra Energy, Inc. (NEE) pays its dividend quarterly, 4 times a year.
- NextEra Energy, Inc. (NEE) has raised its regular dividend 43 times and cut it 1 time across the 174 payments on record since 1973. Its most recent change was a 9.9% increase to $0.623 per share, going ex-dividend on Feb 27, 2026. The last cut went ex-dividend on May 23, 1994.
- NextEra Energy (NEE) has declared its first higher dividend of the year in February in 5 of the last 5 years; its most recent raise, 9.9%, was declared on Feb 13, 2026.
Cite this page
SmarterDividends, "NEE Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 22, 2026, https://smarterdividends.com/stocks/NEE
Summary
As of Oct 22, 2026, NextEra Energy, Inc. (NEE) yields 3.18% ($2.49 a year per share), has a dividend safety grade of A (90/100) and has 30 consecutive years of dividend increases on record.
Is NEE a good dividend stock?
YesNextEra Energy, Inc. (NEE) pays a quarterly dividend yielding 3.18% ($2.49/yr), with 30 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 30 consecutive years of growth
- Comfortable payout ratio (53%)
- Strong 10.1% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 1994
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.18%
- Payout Ratio
- 53%
- Annual Dividend
- $2.49
- 5-Yr Avg Growth
- 10.1%
- Ex-Dividend Date
- Aug 28, 2026
- Years of Growth
- 30
- Frequency
- quarterly
- Beta
- 0.64
- Market Cap
- $163.3B
- P/E Ratio
- 17.6
- 5-Yr Total Return
- -8%
- 52-Week Range
- $74.41 – $98.75
- Dividend Safety
- A · 90/100
- Ever Cut?
- Yes (1994)
NEE dividend raises and cuts
NextEra Energy, Inc. (NEE) has raised its regular dividend 43 times and cut it 1 time across the 174 payments on record since 1973. Its most recent change was a 9.9% increase to $0.623 per share, going ex-dividend on Feb 27, 2026. The last cut went ex-dividend on May 23, 1994.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 27, 2026 | Raise | $0.567 → $0.623 | +9.9% |
| Feb 28, 2025 | Raise | $0.515 → $0.567 | +10.1% |
| Feb 26, 2024 | Raise | $0.468 → $0.515 | +10.0% |
| Feb 27, 2023 | Raise | $0.425 → $0.468 | +10.1% |
| Feb 28, 2022 | Raise | $0.385 → $0.425 | +10.4% |
| Feb 25, 2021 | Raise | $0.350 → $0.385 | +10.0% |
| Feb 27, 2020 | Raise | $0.313 → $0.350 | +12.0% |
| Feb 27, 2019 | Raise | $0.278 → $0.313 | +12.6% |
| Feb 26, 2018 | Raise | $0.246 → $0.278 | +12.9% |
| Feb 24, 2017 | Raise | $0.218 → $0.246 | +13.0% |
| Feb 24, 2016 | Raise | $0.193 → $0.218 | +13.0% |
| Feb 25, 2015 | Raise | $0.181 → $0.193 | +6.2% |
Show all 44 changes since 1984
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 26, 2014 | Raise | $0.165 → $0.181 | +9.8% |
| Feb 27, 2013 | Raise | $0.150 → $0.165 | +10.0% |
| Feb 29, 2012 | Raise | $0.138 → $0.150 | +9.1% |
| Mar 2, 2011 | Raise | $0.125 → $0.138 | +10.0% |
| Feb 24, 2010 | Raise | $0.118 → $0.125 | +5.7% |
| Feb 25, 2009 | Raise | $0.111 → $0.118 | +6.3% |
| Feb 27, 2008 | Raise | $0.103 → $0.111 | +8.5% |
| Feb 28, 2007 | Raise | $0.0938 → $0.103 | +9.3% |
| Mar 3, 2006 | Raise | $0.0888 → $0.0938 | +5.6% |
| Mar 2, 2005 | Raise | $0.0850 → $0.0888 | +4.4% |
| Aug 25, 2004 | Raise | $0.0775 → $0.0850 | +9.7% |
| Feb 25, 2004 | Raise | $0.0750 → $0.0775 | +3.3% |
| Feb 26, 2003 | Raise | $0.0725 → $0.0750 | +3.4% |
| Feb 20, 2002 | Raise | $0.0700 → $0.0725 | +3.6% |
| Feb 21, 2001 | Raise | $0.0675 → $0.0700 | +3.7% |
| Feb 23, 2000 | Raise | $0.0650 → $0.0675 | +3.8% |
| Feb 24, 1999 | Raise | $0.0625 → $0.0650 | +4.0% |
| Feb 25, 1998 | Raise | $0.0600 → $0.0625 | +4.2% |
| Feb 26, 1997 | Raise | $0.0575 → $0.0600 | +4.3% |
| Feb 21, 1996 | Raise | $0.0550 → $0.0575 | +4.5% |
| Feb 17, 1995 | Raise | $0.0525 → $0.0550 | +4.8% |
| May 23, 1994 | Cut | $0.0775 → $0.0525 | −32.3% |
| May 24, 1993 | Raise | $0.0763 → $0.0775 | +1.6% |
| May 22, 1992 | Raise | $0.0750 → $0.0763 | +1.7% |
| May 24, 1991 | Raise | $0.0738 → $0.0750 | +1.7% |
| May 24, 1990 | Raise | $0.0713 → $0.0738 | +3.5% |
| May 16, 1989 | Raise | $0.0688 → $0.0713 | +3.6% |
| May 23, 1988 | Raise | $0.0663 → $0.0688 | +3.8% |
| May 22, 1987 | Raise | $0.0638 → $0.0663 | +3.9% |
| May 23, 1986 | Raise | $0.0613 → $0.0638 | +4.1% |
| May 24, 1985 | Raise | $0.0588 → $0.0613 | +4.3% |
| May 22, 1984 | Raise | $0.0563 → $0.0588 | +4.4% |
Frequently Asked Questions
Is NEE a good dividend stock?
Yes. NextEra Energy, Inc. (NEE) pays a quarterly dividend yielding 3.18% ($2.49/yr), with 30 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is NEE undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NEE's fair value is about $83.50 versus a $78.28 share price — so it looks fairly valued (+7% vs. fair value).
Is NEE's dividend safe?
NEE has a dividend-safety grade of A (90/100), based on its payout coverage, free-cash-flow, 30-year growth streak, a dividend cut in 1994, debt and yield-versus-history.
What is NEE's fair value?
Our blended fair-value estimate for NEE is about $83.50 per share, roughly 7% above the current $78.28 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is NEE a buy, hold, or sell?
We don't issue formal ratings, but on the data NEE screens as "yes" and fairly valued. NextEra Energy, Inc. (NEE) pays a quarterly dividend yielding 3.18% ($2.49/yr), with 30 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will NEE cut its dividend?
NEE earns a dividend-safety grade of A (90/100), and has cut its dividend before (last in 1994). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does NEE pay a dividend?
Yes. NextEra Energy, Inc. pays a quarterly dividend of about $2.49 per share annually, a forward yield of roughly 3.18%.
What is NEE's dividend yield?
As of Oct 22, 2026, NEE's forward dividend yield is 3.18%, based on a $2.49 annual dividend and a $78.28 share price.
What is NEE's dividend per share?
As of Oct 22, 2026, NEE pays $2.49 per share per year, distributed on a quarterly basis.
What is NEE's dividend payout ratio?
As of Oct 22, 2026, NEE's payout ratio is 53% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has NEE grown its dividend?
As of Oct 22, 2026, NEE has increased its dividend for 30 consecutive years.
When is the next NEE ex-dividend date?
As of Oct 22, 2026, NEE's next ex-dividend date hasn't been announced. The most recent was Aug 28, 2026, for $0.62 per share.
NEE Price — Last 12 Months
Daily close
Price Return
1 Year
-8%
3 Years
+36%
5 Years
-8%
52-Week Range
$74.41 – $98.75
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NEE worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for NextEra Energy, Inc. is $83.50 per share, versus a market price of $78.28. That implies the stock is roughly fairly priced.
Fair Value
$83.50
Current Price
$78.28
Gap
+7%
Margin of Safety
6%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 30.0% annual free-cash-flow growth. We model 8.6% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.0% discount rate (CAPM), 8.6% growth for five years fading to 2.5% over the next five, $4.45 EPS, $2.49 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NEE Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full NEE dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 28, 2026 | Sep 15, 2026 | $0.6230 | regular |
| Jun 5, 2026 | Jun 15, 2026 | $0.6230 | regular |
| Feb 27, 2026 | Mar 16, 2026 | $0.6230 | regular |
| Nov 21, 2025 | Dec 15, 2025 | $0.5670 | regular |
| Aug 28, 2025 | Sep 15, 2025 | $0.5670 | regular |
| Jun 2, 2025 | Jun 16, 2025 | $0.5670 | regular |
| Feb 28, 2025 | Mar 17, 2025 | $0.5670 | regular |
| Nov 22, 2024 | Dec 16, 2024 | $0.5150 | regular |
| Aug 30, 2024 | Sep 16, 2024 | $0.5150 | regular |
| Jun 3, 2024 | Jun 17, 2024 | $0.5150 | regular |
| Feb 26, 2024 | Mar 15, 2024 | $0.5150 | regular |
| Nov 22, 2023 | Dec 15, 2023 | $0.4680 | regular |
| Aug 29, 2023 | Sep 15, 2023 | $0.4680 | regular |
| May 26, 2023 | Jun 15, 2023 | $0.4680 | regular |
Income Calculator
At $2.49 / yr per share
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