Workflow
The Ultimate Dividend Growth Stock to Buy With $500 Right Now (and It Isn't NextEra Energy)
WECWEC Energy(WEC) The Motley Fool·2024-07-22 09:45

Most dividend growth investors know how attractive NextEra Energy is, but have you ever heard of WEC Energy? If not, you'll want to. Sometimes a great company isn't that great an investment because it trades hands at a premium price. That's the big story around NextEra Energy (NEE 0.46%), which is up a dramatic 15% or so in 2024, compared to a 10% gain for the average utility. In comparison, WEC Energy (WEC -0.61%) trades down a couple of percentage points and is an attractive, though out-of-favor, high-yie ...