Intrigued by NextEra Energy Partners' Monster Dividend? Check Out These Safer Alternatives First.
Brookfield Renewable Partners L.P.(BEP) The Motley Fool·2024-04-29 21:50
NextEra Energy Partners doesn't have a lot of room for error.NextEra Energy Partners (NEP 1.59%) currently offers an eye-popping dividend yield of more than 12%. That's several times higher than the S&P 500's 1.4% dividend yield. That much higher rate would enable investors to generate a lot more income for every dollar they invest in the renewable energy company. However, since that high dividend yield comes with a higher risk profile, investors seeking to generate a generous passive income stream from the ...