By Colin Kellaher

 

NextEra Energy Inc. on Friday said its board raised the quarterly dividend by 10%, to 38.5 cents from 35 cents.

The new payout, equal to $1.54 a year, represents an annual yield of about 1.83% based on Thursday's closing price of $83.95, up from 1.67%.

The Juno Beach, Fla., electric-power and energy-infrastructure company said the increased dividend is payable March 15 to shareholders of record Feb. 26.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

February 12, 2021 07:56 ET (12:56 GMT)

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