Energy Stock Channel
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

NextEra Energy Named Top Dividend Stock With Insider Buying and 3.64% Yield (NEE)
Wednesday, February 21, 2:00 PM ET, by Market News Video Staff

In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then ...

Ex-Dividend Reminder: Rush Enterprises, NextEra Energy and Laboratory Corporation of America Holdings
Thursday, February 22, 10:42 AM ET, by Market News Video Staff

On 2/26/24, Rush Enterprises Inc. (RUSHA), NextEra Energy Inc (NEE), and Laboratory Corporation of America ...

XLU, NEE, SO, DUK: Large Outflows Detected at ETF
Monday, February 26, 10:48 AM ET, by Market News Video Staff

Symbols mentioned in this story: XLU, NEE, SO, DUK Exchange traded funds (ETFs) trade just ...

XLU, NEE, SO, DUK: ETF Inflow Alert
Tuesday, March 5, 10:53 AM ET, by Market News Video Staff

Symbols mentioned in this story: XLU, NEE, SO, DUK Exchange traded funds (ETFs) trade just ...

Interesting NEE Put And Call Options For April 26th
Thursday, March 7, 10:46 AM ET, by Market News Video Staff

Investors in NextEra Energy Inc (NEE) saw new options become available today, for the April ...

NextEra Energy Named Top Dividend Stock With Insider Buying and 3.64% Yield (NEE)

By Energy Stock Channel Staff, Wednesday, February 21, 2:00 PM ET
Play Video: The Importance of Insider Buying


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Email EnvelopeFree Email Alerts By Stock:
Get Dividend Alerts
Get SEC Filing Alerts

In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider's view of the business, and presumably the only reason an insider would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So when stocks turn up that see insider buying, and are also top ranked, investors are wise to take notice. One such company is NextEra Energy Inc (NYSE:NEE), which saw buying by Director Kirk S. Hachigian.

Back on February 7, Hachigian invested $1,116,700.00 into 20,000 shares of NEE, for a cost per share of $55.84. In trading on Wednesday, shares were changing hands as low as $56.64 per share, which is 1.4% above Hachigian's purchase price. NextEra Energy Inc shares are currently trading +0.96% on the day. The chart below shows the one year performance of NEE shares, versus its 200 day moving average:

NextEra Energy Inc Chart

Looking at the chart above, NEE's low point in its 52 week range is $47.145 per share, with $79.775 as the 52 week high point — that compares with a last trade of $57.09. By comparison, below is a table showing the prices at which insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
12/08/2023 Nicole S. Arnaboldi Director 8,500 $59.59 $506,515.00
02/07/2024 Kirk S. Hachigian Director 20,000 $55.84 $1,116,700.00

The DividendRank report noted that among the coverage universe, NEE shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong quarterly dividend history at NextEra Energy Inc, and favorable long-term multi-year growth rates in key fundamental data points.

The report stated, ''Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.''

The annualized dividend paid by NextEra Energy Inc is $2.06/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 02/26/2024. Below is a long-term dividend history chart for NEE, which the report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.


This Article's Word Cloud:   Director   Dividend   DividendRank   Energy   Hachigian   Insider   Kirk   NextEra   above   also   attractive   below   both   buying   chart   companies   company   coverage   currently   dividend   escape   fillColor   find   have   history   insider   investors   last   long   maybe   mdash   metrics   months   most   only   paid   past   point   profitability   quarterly   recent   report   share   shares   stock   that   they   trading   valuation   which

NextEra Energy Named Top Dividend Stock With Insider Buying and 3.64% Yield (NEE) | www.EnergyStockChannel.com | Copyright © 2010 - 2024, All Rights Reserved

Nothing in Energy Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and energy stock videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Energy Stock Channel; Meet Our Editorial Staff.