NEE dividend yield: 2.85%. ENB dividend yield: 9.58%. 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. Enbridge is Canada's largest energy infrastructure company, operating the world's longest crude oil and liquids transportation system. Its pipeline network moves ~30% of North American crude oil production. 29+ consecutive years of dividend growth. Long-term take-or-pay contracts provide cash flow visibility for years ahead.
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.
Enbridge is Canada's largest energy infrastructure company, operating the world's longest crude oil and liquids transportation system. Its pipeline network moves ~30% of North American crude oil production. 29+ consecutive years of dividend growth. Long-term take-or-pay contracts provide cash flow visibility for years ahead.
NEE currently offers a 2.85% yield (2.06/share/year) while ENB offers 9.58% (3.66/share/year). ENB 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 ENB earn per year?
With $10,000 invested today: NEE pays approximately $285/year. ENB pays approximately $958/year. With DRIP reinvestment over 10 years, these grow to $1,117/year (NEE) and $4,487/year (ENB).
Does NEE or ENB pay monthly dividends?
NEE pays quarterly dividends. ENB 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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