U.S. Markets open in 53 mins

NEE, DUK, SO, and D: Top Utilities’ Dividend Outlook

Vincent Kruger
NEE, DUK, SO, and D: Top Utilities’ Dividend Outlook

NextEra Energy (NEE) and Dominion Energy (D) are among the fastest growing utilities. Both of the utilities aim to grow their earnings ~7% annually, while broader utilities are expected to grow ~4% for the next few years. Their superior earnings growth will likely fuel above-average dividend growth as well.