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This Nearly 14%-Yielding Dividend's Future Remains Uncertain
NEPNextEra Energy Partners(NEP) The Motley Fool·2024-07-29 09:46

NextEra Energy Partners plans to continue increasing its big-time payout in the near term. NextEra Energy Partners' CEO, John Ketchum, discussed the company's plans on the second-quarter conference call. He noted that the company had made progress on its current strategy of organically growing its earnings while simultaneously taking steps to shore up its financial foundation. Ketchum stated: "Since our last earnings call, the partnership completed the next NEP Renewables II equity buyout of roughly $190 mi ...