NEE dividend yield: 2.85%. CVX dividend yield: 4.28%. 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. Chevron is a Dividend Aristocrat with 37+ consecutive years of increases. Strong balance sheet and low breakeven oil price allow dividend growth even in downturns. The Hess acquisition adds world-class assets in Guyana. Chevron's integrated model provides stability across commodity cycles.
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.
Chevron is a Dividend Aristocrat with 37+ consecutive years of increases. Strong balance sheet and low breakeven oil price allow dividend growth even in downturns. The Hess acquisition adds world-class assets in Guyana. Chevron's integrated model provides stability across commodity cycles.
NEE currently offers a 2.85% yield (2.06/share/year) while CVX offers 4.28% (6.52/share/year). CVX 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 NEE vs CVX earn per year?
With $10,000 invested today: NEE pays approximately $285/year. CVX pays approximately $428/year. With DRIP reinvestment over 10 years, these grow to $1,117/year (NEE) and $1,066/year (CVX).
Does NEE or CVX pay monthly dividends?
NEE pays quarterly dividends. CVX 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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