• Thu, December 12, 2024

NextEra Energy: The Power of Dividend Growth Over Yield

What has dividend growth been worth at NextEra Energy? The highest price of NextEra Energy's stock in 2013 was roughly $22.45, adjusted for a 4-for-1 stock split in 2020. The dividend, also adjusted for the stock split, was $0.165 per share per quarter. So the dividend yield was 2.9%, slightly higher than the yield is today.
The article from The Motley Fool discusses NextEra Energy, highlighting its impressive track record of dividend growth. NextEra Energy, a leading clean energy company, has increased its dividend for 28 consecutive years, with a compound annual growth rate (CAGR) of 10% over the last decade. This growth is attributed to the company's strategic focus on renewable energy, particularly wind and solar, which has positioned it well for future expansion. The article points out that NextEra's business model, combining regulated utilities with a rapidly growing renewable energy segment, provides stability and growth potential. It also mentions the company's commitment to reducing carbon emissions and its plans for significant investments in renewable projects, which are expected to drive future earnings and dividend increases. The piece concludes by suggesting that NextEra Energy remains an attractive option for investors seeking both income and growth due to its robust financial health and the ongoing global shift towards sustainable energy sources.

Read the Full The Motley Fool Article at:
https://www.fool.com/investing/2024/12/11/nextera-energy-the-power-of-dividend-growth-over/?referring_guid=6b809189-cd26-4e3b-a5d6-3cf9883d3562