NEE-URecord
Baby Bond · Utilities · Operating company

NEE-U · NextEra Energy Capital Holdings, Inc. 6.50% Series U Junior Subordinated Debentures due 06/01/2085, cumulative · dividend, yield to call and par

7.22 % current yield
$0.4062 quarterly · NYSE
Price
$22.50
-9.98% vs par
52w $21.75$26.09
IQS
6.4
Average · high confidence
Next payment
ex Nov 30
paid Dec 1 · est. $0.4062 · in 20 days
After tax
4.75%
ordinary · standard brackets

Summary

NEE-U is a cumulative preferred of NextEra Energy, Inc. Par is $25.00. The coupon is 6.50%, fixed, paid as $0.4062 a quarter. It is not callable. The issuer is an operating company rated investment grade. The score is 6.4, Average.

1 year
-13.7%
price, 12 months
Nov 2025par $25.00Nov 2026
Price ↓
Q1 · What it pays
$1.6248a share, a year

4 payments a year. 2 paid since 2026, never changed.

Payments ↓
Q2 · The call
Noneperpetual

The issuer holds no redemption right, so the yield to worst is the current yield. With the coupon fixed, a one-point move in rates shifts the price about 14%.

Price history ↓
Q3 · The coupon
Fixedno reset, no float

6.50% of $25 for as long as the shares are outstanding. A cumulative dividend: a missed payment is still owed.

Questions ↓
Q4 · Standing
Investment gradeoperating company

Preferred equity, senior to the common and below every note and bond. The coverage & protection pillar is the weakest of four.

How the score works →
Dividend record · 12 months
2 paid · 1 projected
0.41
0.41
Q2 '26latest Q3 '26 · $0.4062 · 2 quarters
Ex-datePay dateAmountChangeNote
Nov 30, 202612/01/26$0.40620.0%estimated from the coupon
Aug 31, 202609/01/26$0.40620.0%paid
May 29, 202606/01/26$0.4062—paid

How it stacks up · similar preferreds

All baby bonds
SecurityCurrent yieldCouponCredit qualityCall dateIQS
NEE-U this pageNextEra Energy Capital Holdings, Inc. 6.50% Series U Junior Subordinated Debentures due 06/01/20857.22%6.5%Investment gradeNone6.4
CMSCCMS Energy Corp., 5.875% Junior Subordinated Notes due 10/15/20787.21%5.875%Investment gradeCallable now7.1
MS-EMorgan Stanley 7.125% Series E Fixed-to-Floating Preferred7.27%7.283%Investment gradeCallable now6.2
PSA-GPublic Storage, 5.05% Depositary Shares Cumulative Preferred Share Series G7.03%5.05%Investment gradeNone8.9
WFC-LWells Fargo & Co., 7.50% Non-Cumul Perp Conv Cl A Preferred Stock, Series L7.00%7.5%Investment gradeNone7.3

Chosen from the 29 preferreds with open records: other issuers only, the same credit quality first, then the closest current yield. Mandatory convertibles are matched only with each other.

Questions about NEE-U

How much does NEE-U pay, and how often?

NEE-U pays $0.41 a share each quarter, or $1.62 a year. That is 6.5% of the $25.00 face value. At the November 9 close of $22.50, it is a 7.22% current yield.

When is NEE-U’s next ex-dividend date?

November 30, 2026, with payment on December 1. The date is projected from the quarterly cycle. NextEra Energy, Inc has not declared it yet.

Are NEE-U’s payments qualified dividends?

No. NEE-U is a bond, so it pays interest, which is taxed as ordinary income.

Can NEE-U be called?

No. NEE-U has no call date.

Does NEE-U have a maturity date?

No. NEE-U is perpetual. NextEra Energy, Inc is not required to repay the $25.00 on any date.

What is NEE-U’s credit quality?

Investment grade. YieldDesk shows credit quality as Investment grade, High yield or Not rated.

What is NEE-U’s Income Quality Score?

NEE-U scores 6.4 out of 10, in the Average tier, computed on November 9, 2026 from filings and market data. The score weighs four pillars: coverage and protection, credit, buyback economics, and structure. Coverage and protection is the lowest, at 4.6. The methodology page explains each pillar.

A free account adds a watchlist of ten and three alerts. Plus adds the score’s breakdown by pillar, the full payment record, the issuer’s other securities and filings, and Download PDF. See the plans

Payments from issuer declarations; terms from the prospectus on SEC EDGAR; price from licensed market data, delayed 15 minutes. Credit quality shows Investment grade, High yield or Not rated. The Income Quality Score is computed from filings and market data; the methodology page lists each class’s pillars. IQS describes a security. It is not investment advice or a recommendation to buy, sell or hold.

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