Enbridge and NextEra Offer Attractive Dividends for Different Types of Investors
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Enbridge is a Canadian energy infrastructure company with a high dividend yield of 7.5% and a 29-year history of dividend increases. It owns pipelines and utilities with steady cash flows.
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NextEra Energy is a U.S. utility company with lower yield of 3.3% but fast dividend growth, averaging 10% annually over the past decade. Its growth comes from renewable energy assets.
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Both Enbridge and NextEra offer reliable dividends backed by stable utility businesses, appealing to income investors.
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Enbridge offers a high yield while NextEra offers high dividend growth, attracting different types of dividend investors.
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With shares appearing attractively valued, both could be good long term holdings for dividend investors.