This Magnificent Dividend Stock Is Supercharging Its Already Powerful Growth Profile
ETREntergy(ETR) The Motley Fool·2024-06-08 22:51

NextEra Energy is accelerating its already strong growth outlook. NextEra Energy (NEE -1.71%) has an outstanding record of paying dividends. The utility has increased its payout every year for the past three decades and has grown its dividend at a robust 11% compound annual rate over the past decade. A big factor powering the utility's fast-growing payout is its focus on investing in renewable energy. Strong demand for clean energy should enable the company to continue growing its dividend at a strong clip ...