NextEra Energy's Preferred Shares Cross 5.5% Yield Mark

In trading on Friday, shares of NextEra Energy Inc's 5 7/8% Preferred Trust Securities (NYSE: NEE.PRC) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.4688), with shares changing hands as low as $26.70 on the day. This compares to an average yield of 4.60% in the "Utilities" preferred stock category, according to Preferred Stock Channel. As of last close, NEE.PRC was trading at a 7.56% premium to its liquidation preference amount.