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.

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Source Fool.com