This High-Yielding Renewable Energy Stock Continues to Deliver Powerful Dividend Growth

NextEra Energy Partners (NYSE: NEP) has been a monster renewable energy dividend stock over the years. The company has increased its dividend each quarter since its initial public offering (IPO) in late 2014. Overall, it has grown the payout by 240%, including 15% over the past year. NextEra Energy Partners has a current dividend yield of 3.5% after factoring in its latest increase, well above the S&P 500's 1.4% dividend yield.

The clean energy company has plenty of power to continue growing its payout in the coming years, which was evident in its first-quarter results. Here's a closer look at the quarter and what the company sees ahead.

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Source Fool.com