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NextEra Energy Has Highest Dividend Growth among Utility Giants

Vincent Kruger
NextEra Energy Has Highest Dividend Growth among Utility Giants

NextEra Energy (NEE), the biggest utility by market capitalization, expects its per-share dividends to grow 12%–14% per year, at least through 2020. Its higher expected earnings growth is expected to drive significant dividend growth going forward. Its targeted dividend growth is the highest among the top utilities and more than double utilities (XLU) at large.