Wall Street analysts had just learned that the FPL (the holding company for the largest electric utility Florida) may reduce dividends in a few days, despite the 47-year series of consecutive dividend increases. Deregulation of electricity, FPL significantly revised its competitive strategies in the last few years. The analyst must decide whether to change the dividend policy will be part of the financial strategy FPL in this deregulated environment. "Hide
by Benjamin C. Esty, Craig F. Schreiber Source: HBS Premier Case Collection 17 pages. Publication Date: March 15, 1995. Prod. #: 295059-PDF-ENG
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