This Elite Dividend Stock Continues to Produce Powerful Growth
Thu, Apr 25, 2024 2:46 PM

This Elite Dividend Stock Continues to Produce Powerful Growth

A Flip by Riya Sharma
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NextEra Energy (NYSE: NEE) has an elite track record of paying dividends. The clean energy-focused utility has increased its payment every year for three decades. It has delivered supercharged growth over the past 10 years, increasing its payout at an 11% compound annual rate. The company currently offers a 3.1%-yielding dividend, more than double that of the S&P 500's 1.4%.

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