Clean energy company NextEra raises quarterly dividend by 13% to $1.11

Clean Energy company NextEra Energy said Friday it is raising its quarterly dividend by 13% to $1.11. The new dividend will be payable March 15 to shareholders of record as of Feb. 27. The board further approved a two-year extensions of its dividend policy, which is expected to lead to 12% to 14% increases per year through at least 2020. Shares rose 1.1%, but are down 0.1% in the last 12 months, while the S&P 500 has gained 17%.

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From:: Stock Market News

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