Top utilities and their dividends
NextEra Energy (NEE) paid annual dividends of $3.48 per share in 2016, while Southern Company (SO) paid $2.22 per share last year. Dominion Resources (D) paid annual dividends of $2.80 in the same year.
Among the four companies, NextEra Energy’s dividends grew remarkably in the last few years due to strong earnings growth. According to analysts’ estimates, NextEra Energy’s dividends are expected to increase more than 10% due to its strong earnings growth for the next few years.
Dominion Resources’ dividends are expected to grow 8% annually, while Southern Company and Duke’s (DUK) dividends are expected to grow ~5% in the next few years.