Is NextEra Energy the Best Dividend Stock for You?
NEENextEra Energy(NEE) The Motley Fool·2023-12-21 14:40

Share prices of NextEra Energy (NEE -2.81%) have fallen 27.1% so far in 2023, leaving the dividend yield at 3.1%. That's simply too cheap to pass up for a dividend that's grown at an 11% compound annual growth rate since 2023. The utility faced pressure from higher interest rates and the potential that some renewable energy projects won't be built economically, but in the long term this is one of the best utilities in the country, and a stock dividend investors will want to buy and forget about. NextEra's c ...