February 12, 2001
FPL Group board increases dividend
JUNO BEACH, Fla. -- The board of directors of FPL Group,
Inc. (NYSE: FPL) today increased the quarterly common stock dividend
from 54 cents to 56 cents a share. The dividend is payable March
15 to stockholders of record Feb. 23.
Today's board action raises the annual dividend to $2.24 and marks
the 221st consecutive quarterly dividend paid to common stockholders
over the past 55 years.
FPL Group, with annual revenues of more than $7 billion, is one
of the nation's largest providers of electricity-related services.
Its principal subsidiary, Florida Power & Light Company, serves
3.9 million customer accounts in Florida. FPL Energy, LLC, its U.S.
and international energy generating subsidiary, is a leader in producing
electricity from clean and renewable fuels. Information is available
on the Internet at
www.fplgroup.com,
www.fpl.com,
and
www.fplenergy.com.
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