2 Reasons NextEra Energy Partners Is a Better Dividend Stock Than ExxonMobil
Not all energy stocks are created equal, especially now that renewable energy and electric vehicles are becoming a meaningful part of our energy mix. Renewable energy generation is rising and it may be a matter of a few years before the world hits peak oil consumption if EVs keep improving at the rate they have.
With that backdrop, I think the renewable energy yieldco NextEra Energy Partners (NYSE: NEP) and its dividend yield of 3.8% is a much better dividend stock than ExxonMobil Corporation (NYSE: XOM) with the same yield.
Image source: Getty Images.
Source: Fool.com
Exxon Mobil Corp. Aktie
101,96 €
-0,68 %
Volle Unterstützung für Exxon Mobil Corp.: Nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Die Community erwartet für Exxon Mobil Corp. ein Kursziel von 126 €, was eine Steigerung von über 20% gegenüber 101.96 € bedeuten würde.
