NextEra Energy: Why I Bought The 3.2% Dividend Yield Of This Electric Utility

Gunther Fraulob NextEra Energy (NYSE:NEE) is an incredible dividend growth machine. The electric utility last declared a quarterly cash dividend of $0.515 per share, a remarkable 10% hike sequentially and $2.06 per share annualized for a 3.2% dividend yield. NEE has also guided to grow its dividend by at least 10% per year for the next two years until 2026, cementing its status as an exceptional shareholder-aligned dividend aristocrat. This title is revered for companies that have consecutively raised t ...