How NextEra Energy (NEE) Strengthens a Dividend Stock Portfolio with Reliable Growth

Core Viewpoint - NextEra Energy, Inc. (NYSE:NEE) is recognized as a strong candidate for dividend stock portfolios due to its reliable growth and stable dividend history [2][4]. Group 1: Company Overview - NextEra Energy, Inc. is the parent company of Florida Power & Light, the largest utility in the U.S., and is a leader in wind and solar energy [2]. - The company is investing significantly, with $2 billion in capital expenditures planned and an additional 1.1 GW of solar, wind, and storage capacity expected to come online in the second quarter of 2025 [2]. Group 2: Project Development - Despite federal measures aimed at slowing renewable energy expansion, NextEra secured 3.2 GW of new projects, increasing its development backlog to nearly 30 GW [3]. - The total operating capacity reported by its energy resources division was 38 GW at the end of March 2025 [3]. Group 3: Dividend Information - NextEra Energy has a strong dividend history, having raised its payouts for 29 consecutive years, making it appealing to income investors [4]. - The current quarterly dividend is $0.5665 per share, with a dividend yield of 3.20% as of September 18 [4].