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Video: What is a Stock Split?
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NextEra Energy is a holding company. Through its subsidiaries, Co. is an electric power and energy infrastructure company and engaged in the renewable energy industry. Co.'s businesses are: Florida Power & Light Company (FPL), and NextEra Energy Resources, LLC and NextEra Energy Transmission, LLC (collectively, NEER), of which all are the subsidiaries of Co. FPL engages in the generation, transmission, distribution and sale of electric energy in Florida. NEER owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets and includes assets and investments in other businesses with a clean energy focus, such as battery storage and renewable fuels. According to our NextEra Energy stock split history records, NextEra Energy has had 2 splits. | |
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NextEra Energy (NEE) has 2 splits in our NextEra Energy stock split history database. The first split for NEE took place on March 16, 2005. This was a 2 for 1
split, meaning for each share of NEE owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. NEE's second split took place on October 27, 2020. This was a 4 for 1 split, meaning for each share of NEE owned pre-split, the shareholder now owned 4 shares. For example, a 2000 share position pre-split, became a 8000 share position following the split.
When a company such as NextEra Energy splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the NextEra Energy stock split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into NextEra Energy shares, starting with a $10,000 purchase of NEE, presented on a split-history-adjusted basis factoring in the complete NextEra Energy stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
10/08/2014 |
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End date: |
10/04/2024 |
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Start price/share: |
$23.83 |
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End price/share: |
$83.85 |
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Starting shares: |
419.64 |
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Ending shares: |
541.85 |
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Dividends reinvested/share: |
$13.22 |
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Total return: |
354.34% |
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Average Annual Total Return: |
16.35% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$45,444.75 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/08/2014 |
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End date: |
10/04/2024 |
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Start price/share: |
$23.83 |
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End price/share: |
$83.85 |
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Dividends collected/share: |
$13.22 |
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Total return: |
307.35% |
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Average Annual Total Return: |
15.08% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$40,722.22 |
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Years: |
10.00 |
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Date |
Ratio |
03/16/2005 | 2 for 1
| 10/27/2020 | 4 for 1 |
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