NextEra Energy (NYSE: NEE) has a dividend yield of around 2.7% today. Income investors and those with a value bias probably won't want to buy its shares, but if you like dividend growth stocks, the 10% annualized payout growth NextEra Energy has achieved over the past decade will probably get your juices flowing.
And if management is right, the future looks just as good as the past for dividend growth.
NextEra Energy has one major problem: Wall Street knows that this is a very well-run utility. That's why the yield is 2.7%, which is below the 3% average for the utility sector, using the Vanguard Utilities Index ETF (NYSEMKT: VPU) as a proxy.
Source Fool.com