
Top Utilities’ Total Returns in the Past Year
By Vineet KulkarniDec. 4 2020, Updated 10:52 a.m. ET
Total returns
In this part, we’ll analyze the top utilities’ total returns. NextEra Energy (NEE) leads the pack with total returns of 21% in the past year. NextEra Energy outperformed its peers due to stock appreciation and stronger dividend growth. NextEra Energy increased its dividend per share 13%—the highest among its peers. To learn more, read NextEra Energy’s Dividend Outlook and Growth Prospects.
Notably, total returns consider the capital appreciation and dividends paid in the specific period.
In comparison, the Utilities Select Sector SPDR ETF (XLU) returned approximately -2%, while broader markets (SPY) returned 15% in the past year.
Duke Energy (DUK), Dominion Energy (D), and Southern Company (SO) didn’t generate positive total returns in the past year. They returned -4%, -1%, and -8%, respectively.
To learn more, read Utilities’ Premium Dividend Yield.