12 Best Nuclear Power Dividend Stocks to Buy Now

Industry Overview - Nuclear energy is gaining renewed attention, particularly after the U.S. government's initiatives to increase nuclear capacity to 400 GW by 2050, driven by rising electricity demand due to the AI boom [2][3] - The global power demand from data centers is projected to rise by 165% by 2030 compared to 2023 levels, positioning nuclear energy as a reliable and carbon-free solution to meet this demand [3] Company Highlights - Dominion Energy, Inc. (NYSE:D): - Operates several nuclear power stations and has received regulatory approval to extend the operating license for its VC Summer Nuclear Station until 2062 [11] - Connected 15 new data centers in 2024 and plans to connect at least the same number in 2025, with a capital investment forecast of $50 billion from 2025 to 2029 [12] - Offers a robust annual dividend yield of 4.41%, with a recent payout of $0.6675 per share [13] - Public Service Enterprise Group Incorporated (NYSE:PEG): - Engages in nuclear energy through its subsidiary PSEG Power and reported a nuclear output increase to 7,511 GWh in Q2 2025, up from 7,007 GWh in Q2 2024 [16] - Raised its quarterly dividend by 5% to $0.63 per share, marking its 14th consecutive annual increase, with an annual dividend yield of 3.08% [17] - The Southern Company (NYSE:SO): - Plays a significant role in the American nuclear energy sector, overseeing eight reactors across three facilities [18] - Its Vogtle Units 3 and 4 are the first commercial nuclear reactors built from scratch in over thirty years, enhancing the utility's operational capabilities [20] - Maintains a strong dividend history with 78 consecutive years of payments and an annual dividend yield of 3.08% [21]