This 10%-Plus Yielding Dividend Stock Continues to Push its Payout Higher
Kinder Morgan(KMI) The Motley Fool·2024-01-28 12:18
NextEra Energy Partners (NEP -1.34%) currently offers a monster dividend yield (nearly 12%). Usually, a yield that high suggests a company is at a high risk of reducing its payout. While that's certainly still a possibility, the clean energy infrastructure company continues to push its big-time payout even higher.Here's a look at what's powering the company's ability to increase its dividend and whether that can continue.A solid year despite the turbulenceNextEra Energy Partners recently closed the books on ...