Invest in NextEra Energy and Enterprise Products Partners for Long-Term Dividend Growth
Friday, 12 April 2024, 09:25
Top 2 Dividend Growth Stocks
If you are looking for stocks with dividend growth bonafides, consider investing in NextEra Energy and Enterprise Products Partners.
1. NextEra Energy
- Dividend Yield: Around 3.2%
- Dividend Growth Rate: Averaged 10% a year over the past decade
- Business Model: Regulated utility operations and fast-growing renewable power business
2. Enterprise Products Partners
- Distribution Yield: A huge 7%
- Distribution Growth: Increased annually for 25 consecutive years
- Business Focus: Energy infrastructure, providing reliable income from pipelines
While NextEra Energy is a dividend growth investment, Enterprise Products Partners offers a high-yield play. Both companies are well-positioned for long-term growth and can be valuable additions to your investment portfolio.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.