NextEra Offers Dividend Growth, Enterprise Products Boasts High Yields - Utility and Energy Stocks Provide Income Options
-
NextEra Energy offers a good balance of 3.2% dividend yield and 10% annual dividend growth over the past decade.
-
NextEra consists of a steady utility business and fast-growing renewable energy business expected to double capacity by 2026.
-
Enterprise Products Partners has an attractive 7% distribution yield with 25 years of annual distribution increases.
-
Enterprise operates a reliable energy infrastructure business focused on pipeline usage fees over commodity prices.
-
NextEra is more focused on dividend growth while Enterprise offers a high distribution yield.