Utilities and their dividends
Xcel Energy (XEL) paid total dividends of $1.36 per share in 2016. It was more than a 6% increase compared to its dividends in 2015. In comparison, peer PPL Corporation (PPL) paid total dividends of $1.52 per share in 2016.
Expected dividend growth
Xcel Energy’s dividends are expected to grow 6% annually for the next few years. In comparison, Southern Company and Duke Energy’s dividends are estimated to grow 4% in the next few years.
To learn more about NextEra Energy’s dividends, read Why NextEra Energy Could Be a Sensible Dividend Option.