If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NextEra Energy Partners LP is 2.30, which seems too high.
During the past 12 months, NextEra Energy Partners LP's average Dividends Per Share Growth Rate was 11.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 14.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 14.70% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of NextEra Energy Partners LP was 99.40% per year. The lowest was 14.30% per year. And the median was 14.90% per year.
For more information regarding to dividend, please check our Dividend Page.
NextEra Energy Partners LP Dividends per Share Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
NextEra Energy Partners LP Dividends per Share Chart
Competitive Comparison of NextEra Energy Partners LP's Dividends per Share
For the Utilities - Renewable subindustry, NextEra Energy Partners LP's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NextEra Energy Partners LP's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, NextEra Energy Partners LP's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where NextEra Energy Partners LP's Dividend Yield % falls into.
NextEra Energy Partners LP Dividends per Share Calculation
Dividends paid to per common share.
NextEra Energy Partners LP (NYSE:NEP) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
NextEra Energy Partners LP's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as
During the past 12 years, the highest Dividend Payout Ratio of NextEra Energy Partners LP was 9.93. The lowest was 0.61. And the median was 1.86.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NextEra Energy Partners LP is 2.30, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
NextEra Energy Partners LP Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.892500
2024-05-06
2024-05-07
2024-05-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.880000
2024-02-05
2024-02-06
2024-02-14
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.867500
2023-11-03
2023-11-06
2023-11-14
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.854000
2023-08-03
2023-08-04
2023-08-14
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
NextEra Energy Partners LP's Dividend Yield (%) for Today is calculated as
Current Share Price is $32.25.
NextEra Energy Partners LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.494.
During the past 12 years, the highest Dividend Yield of NextEra Energy Partners LP was 14.81%. The lowest was 0.43%. And the median was 3.62%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NextEra Energy Partners LP Dividends per Share Related Terms
Thank you for viewing the detailed overview of NextEra Energy Partners LP's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
NextEra Energy Partners LP (NextEra Energy Partners LP) Business Description
NextEra Energy Partners LP is formed to acquire, manage and own contracted clean energy projects. It owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The renewable energy projects are fully contracted, use industry technology and are in regions that are favorable for generating energy from the wind and sun. Its natural gas pipelines in the portfolio are all strategically located, serving power producers and municipalities in South Texas, processing plants and producers in the Eagle Ford Shale, and commercial and industrial customers in the Houston area. Renewable energy sales generate maximum revenue for the company.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NEP has been successfully added to your 