NextEra Energy: shareholder returns
As we discussed in the previous part of this series, NextEra Energy (NEE) is one of the fastest-growing electric utility in the US. Its higher earnings growth has also contributed to higher dividend growth for the past few years.
Specifically, NEE’s dividends have grown by more than 8%, compounded annually, since 2005. Analysts expect NextEra to continue this strong dividend growth going forward as well, estimating that its dividends will increase by more than 10% for the next few years.
To learn more about utilities’ returns last year, check out Market Realist’s series Analyzing Utilities’ Total Returns in 2016.