2024-04-20 11:12:00 ET
NextEra Energy 's (NYSE: NEE) dividend yield is near its highest levels of the past decade, which suggests that it is on sale today. But that yield, at roughly 3.3% or so, is still only about average for a utility stock.
If you are trying to maximize current income, this utility alternative is a Dividend King, and it has a much higher yield.
But first, NextEra Energy is no also-ran in the utility sector . In fact, with a market cap of roughly $130 billion, it is one of the largest utility companies you can buy.
For further details see:
Forget NextEra Energy, Buy This Magnificent Dividend King Instead