D dividend yield: 16.28%. NEE dividend yield: 2.85%. Dominion Energy serves customers in Virginia and South Carolina. After cutting its dividend in 2020 during a strategic restructuring, the company has maintained payments and is pursuing offshore wind development. High current yield reflects the transition period — income investors must weigh yield against the uncertain growth outlook. NextEra Energy is the world's largest generator of wind and solar energy. It has grown its dividend 10%+ annually for 15+ consecutive years — exceptional for a utility. Its subsidiary Florida Power & Light serves 5.8M customers. The clean energy transition is a long-term secular tailwind for NEE.
Dominion Energy serves customers in Virginia and South Carolina. After cutting its dividend in 2020 during a strategic restructuring, the company has maintained payments and is pursuing offshore wind development. High current yield reflects the transition period — income investors must weigh yield against the uncertain growth outlook.
NextEra Energy is the world's largest generator of wind and solar energy. It has grown its dividend 10%+ annually for 15+ consecutive years — exceptional for a utility. Its subsidiary Florida Power & Light serves 5.8M customers. The clean energy transition is a long-term secular tailwind for NEE.
D currently offers a 16.28% yield (2.67/share/year) while NEE offers 2.85% (2.06/share/year). D provides higher current income. However, NEE has grown its dividend faster (10.4% 5Y CAGR), which may lead to better long-term income through compounding.
How much would $10,000 in D vs NEE earn per year?
With $10,000 invested today: D pays approximately $1628/year. NEE pays approximately $285/year. With DRIP reinvestment over 10 years, these grow to $258,695/year (D) and $1,117/year (NEE).
Does D or NEE pay monthly dividends?
D pays quarterly dividends. NEE pays quarterly dividends. Neither pay monthly — both use a quarterly schedule, which is preferred by investors who need regular cash flow.
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