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1 Incredibly Cheap Dividend Growth Stock to Buy Now

TheMotleyFool

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1 Incredibly Cheap Dividend Growth Stock to Buy Now: https://g.foolcdn.com/editorial/images/770869/23_11_08-a-line-of-100-dollar-bills-planted-in-the-ground-_mf-dloadgetty-dividend-stocks-growing-money-income-cash.jpg

NextEra Energy (NYSE: NEE) isn't your typical utility stock because its business contains two very different divisions. One provides a strong foundation, and the other provides rapid growth.

The combination has made NextEra Energy a dividend growth standout in the typically slow-growth utility sector. Here's what you need to know about NextEra and why this dividend growth stock is so attractive right now.

NextEra Energy's dividend yield is around 3.3% today. That's a touch below the industry average of 3.5%, using the Vanguard Utilities ETF as a proxy.

Source Fool.com