FPL Group (FPL)

Price*: $48.37 | Dividend: $1.78 | Dividend Yield: 3.68%

Recommendation Info
We downgraded this stock from the "Recommended" list on 9/2/08, at a price of 59.00.

Dividend Stock Ratings Breakdown

1. Relative Strength

Stock is slightly underperforming.

2. Overall Yield Attractiveness

Stock's dividend yield is adequate.

3. Dividend Reliability

This rating is directly related to the length and consistency of a company's dividend payouts.

4. Dividend Uptrend

Dividend payouts are consistent, but increases small.

5. Earnings Growth

Earnings estimates have been cut slightly.

Price and Dividend Info

FPL Group (FPL)

Previous Day's Closing Price*

$48.37

Annual Stock Dividend

$1.78

Current Dividend Yield

3.68%

Recent Headlines

FPL Group to Cut Back on Capital Spending, Reduces Outlook (FPL)
Mon, Oct 27, 2008
Dividend Stock Recommendation Changes (WLT, FCX, FPL, CPO, TUP)
Tue, Sep 2, 2008

Profile & Recommendation

Company Profile

FPL Group- (FPL)- with annual revenues of over $15 billion, is nationally known as a high quality, efficient, and customer-driven organization focused on energy-related products and services. With a growing presence in 27 states, it is widely recognized as one of the country's premier power companies. Its rate-regulated subsidiary, Florida Power & Light Company, serves 4.5 million customer accounts in Florida. FPL Energy, LLC, an FPL Group competitive energy subsidiary, is a leader in producing electricity from clean and renewable fuels.

Recommendation

Based on our rating criteria, this stock has achieved a "Neutral" rating. Stocks with a neutral rating are considered mediocre investments in terms of expected price growth and dividend payments.

Stock Notes

This large cap stock does not make an attractive dividend stock investment at this time.

* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.