Great ‘buy the dip' opportunity for this high dividend stock

In recent years, NextEra Energy Partners (NYSE: NEP) has faced significant setbacks, with its stock plummeting almost 70% from its peak in early 2022.This decline has been influenced largely by increasing interest rates, leading to a dividend yield of approximately 13%.NEP stock 1-year price chart. Source: Google FinanceHowever, NextEra Energy Partners has taken significant steps to steer itself toward profitability, giving investors an ideal opportunity to ‘buy the dip.’ Rethinking strategy will pay out in ...

NextEra Energy-Great ‘buy the dip' opportunity for this high dividend stock - Reportify