NextEra Energy: A Very Pricey Dividend Growth Stock


  • NextEra Energy seems like an ideal pick for dividend growth investors: a large and safe utility with good future prospects and decent dividend growth.
  • Their stock price seems very elevated though, but quality often comes with a price.
  • In this article, we will look at the dividend growth of NextEra Energy and assess the future stability of the company.
  • Also, I will use graphs and data to see if the current dividend growth seems sustainable.

High voltage female engineer working on the field.

Daniel Balakov/E+ via Getty Images

NextEra Energy (NYSE:NEE) is a large utility which provides electricity to millions of people in the US. Apart from being the largest utility measured by market capitalization, its subsidiary NextEra Energy Resources is the world’s largest

Data by YCharts

Data by YCharts

2022 $1.70
2023 $1.87
2024 $2.06
2025 $2.26
2026 $2.49
2027 $2.74
2028 $3.01
2029 $3.31
2030 $3.64
2031 $4.01
2032 $4.41

Data by YCharts

Data by YCharts

Disclosure: I/we have a beneficial long position in the shares of NEE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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