The company projects to deliver powerful dividend growth for the next several years. Many dividend investors focus on a stock’s yield. However, the data points to an even more important factor: A company’s ability to increase its payout. Over the last 50 years, dividend growers have vastly outperformed companies with no change in their dividend policy (10.7% annualized total return vs. 7.1%), according to a study by Ned Davis Research and Hartford Funds. Many companies pay attractive and growing dividends. However, one stands out for its combination of having an above-average dividend yield and superior dividend growth prospects: NextEra Energy Partners ( NEP 0.08%). Dividend investors will want to consider adding it to their portfolios. A compelling value proposition Image source: NextEra Energy Partners Investor Relations Presentation. As that slide shows, it’s one of only 186 companies in the S&P 1000 with a market cap above $5 billion. That gives it a decent size. Larger companies can benefit from scale advantages. However, it’s typically more challenging for larger companies to grow rapidly. Of that group, NextEra Energy Partners is one of 54 that offers a dividend yield above 2.25% (which is higher than the average of the broader market […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
