This High-Yield Renewable Energy Dividend Stock Continues Growing Fast
NextEra Energy Partners (NYSE: NEP) has delivered supercharged dividend growth since its initial public offering in 2014. The clean energy infrastructure company has increased its payout by 15% over the past year after giving investors another raise in the third quarter. As a result, it has now grown its dividend by 265% overall. That steady growth has pushed its yield up to 3.3%, well above the S&P 500's roughly 1.3% average.
The company sees more dividend growth ahead, which was one of the central themes of its third-quarter report.
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Source Fool.com
