NextEra Energy: The Power of Dividend Growth Over Yield

You can buy shares of NextEra Energy (NYSE: NEE) and collect a 2.7% yield. Or you could buy a rival such as Dominion Energy and collect a much fatter 4.7% yield. Both are large and fairly well-run utilities, but which one is the better dividend choice? The answer might very well be the stock with the lower yield. Here's why.NextEra Energy is one of the largest utilities in the United States. Its core operations consist of regulated electric utilities in Florida, with Florida Power & Light being the largest. Florida has benefited for years from in-migration, which has meant more customers for NextEra Energy.But it also means the utility has had to spend money to keep up with customer growth. Regulators are focused on ensuring that customers have reliable power, so they are generally happy to approve the spending needed to keep up with population growth.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool