Looking for Passive Income? Consider This Monster Dividend Aristocrat

Market turbulence is showing no signs of subsiding as investors question high-flying growth stocks and flock toward companies with earnings they can count on.

NextEra Energy (NYSE: NEE) finds itself somewhat in between. The stock has sold off year to date, in part because it's been up big in recent years. But it also has stable earnings and growth too. What's more, it has a growing dividend and is a new member of the Dividend Aristocrat list of S&P 500 components that have paid and raised their dividends for at least 25 consecutive years.

Here's why NextEra Energy stands out as a great buy now.

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Source Fool.com