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NextEra Energy Leaders Discuss Business Results; Declares Dividend Of $0.60

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5/25/2012 1:04 PM ET

NextEra Energy Inc. (NEE: Quote) said that its subsidiary Florida Power & Light Company or FPL plans to deploy approximately $15 billion in capital between 2010 and 2014, including more than $6 billion of major generation and advanced metering projects.

At NextEra Energy Resources, the company plans to invest approximately $6 billion in new wind and solar projects between 2012 and 2014.

Looking to the future, NextEra Energy Chairman and CEO Lew Hay urged shareholders to support an extension of the 15 percent cap on dividend tax rates.

The company said that its shareholders elected the following slate of directors to a one-year term: Sherry Barrat, Robert Beall, II, James Camaren, Kenneth Dunn, Brian Ferguson, Lewis Hay, III, Toni Jennings, Oliver Kingsley, Jr., Rudy Schupp, William Swanson, Michael Thaman, and Hansel Tookes, II.

The company's shareholders also ratified the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for 2012, and approved, by non-binding advisory vote, NextEra Energy's compensation of its named executive officers.

The company said that its board declared a regular quarterly common stock dividend of $0.60 per share. The dividend is payable June 15, 2012, to shareholders of record on June 4, 2012.

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by RTT Staff Writer

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