On 14 February, NextEra Energy (NEE) increased its dividend by 10%, from 51.50¢ to 56.65¢ per share.
The dividend is payable on 17 March to shareholders of record on 28 February.
NEE’s contribution to DivGro’s projected annual dividend income will increase by $72.10 to $793.10.
I own 350 shares of NEE at an average cost basis of $58.45 per share. Following this increase, my yield on cost is 3.88%. (NEE’s forward yield is 3.33% at $68.09 per share).
Since opening my position in June 2018, the stock has generated a total return of 23%, including $1,340.80 in dividend income. That’s a strong annualized rate of return of 11%.
NEE became DivGro’s 28th Home Run stock in January 2021, when the stock doubled my original capital outlay.
5-Year History of Dividend Payouts by Ex-Date
| 2020 | 2021 | 2022 | 2023 | 2024 | • | 2025 |
| $1.400 | $1.540 | $1.700 | $1.870 | $2.060 | ⬆ | $2.266✝ |
| 12.00% | 10.00% | 10.39% | 10.00% | 10.16% | ⬇ | 10.00% |
| 5-year DGR: | 10.51% | ⬇ | 10.11% | |||
✝projected, assuming no further changes
