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NextEra vs. Dominion: What Do You Want, Dividend Yield or Dividend Growth?


There is no such thing as a perfect stock investment. You always have to make trade-offs, balancing positive factors against negative ones. This is something that's important to consider when you look at giant U.S. utility NextEra Energy (NYSE: NEE).

But don't think about this stock in a vacuum. Comparing it to another option, like Dominion Energy (NYSE: D), will help show what you are getting and what you are giving up.

NextEra Energy is an interesting utility because its business spans beyond the regulated utility sector and into renewable power. Its regulated utility operation in Florida -- Florida Power Light -- is the foundation of the company, for sure. And it is a very strong foundation, given the population growth that the state has seen for decades. This is a reliable and growing business in and of itself.

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Source Fool.com

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