Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Forget NextEra Energy, Buy This Magnificent Dividend King Instead

TheMotleyFool

0 0

NextEra Energy's (NYSE: NEE) dividend yield is near its highest levels of the past decade, which suggests that it is on sale today. But that yield, at roughly 3.3% or so, is still only about average for a utility stock.

If you are trying to maximize current income, this utility alternative is a Dividend King, and it has a much higher yield.

But first, NextEra Energy is no also-ran in the utility sector. In fact, with a market cap of roughly $130 billion, it is one of the largest utility companies you can buy.

Source Fool.com