This Magnificent Dividend Stock Continues to Add More Power to Its Growth Engine

NextEra Energy (NEE -0.22%) has one of the better dividend track records in the energy sector. The utility has increased its payment every year for the past three decades. It has grown its dividend at a 10% compound annual rate over the past 20 years, which has helped power magnificent total returns of over 15% annually, compared with about 10% for the S&P 500. The utility is in a strong position to continue growing briskly in the future. One factor powering that view is that NextEra Energy is working direc ...