NEE dividend yield: 2.85%. PM dividend yield: 4.27%. 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. Philip Morris International operates outside the US with an accelerating shift to smoke-free products. IQOS heated tobacco and ZYN nicotine pouches now represent 40%+ of revenue. PM has raised its dividend 16+ consecutive years since spinning off from Altria in 2008. The company targets $15B+ in smoke-free revenues by 2030.
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.
Philip Morris International operates outside the US with an accelerating shift to smoke-free products. IQOS heated tobacco and ZYN nicotine pouches now represent 40%+ of revenue. PM has raised its dividend 16+ consecutive years since spinning off from Altria in 2008. The company targets $15B+ in smoke-free revenues by 2030.
NEE currently offers a 2.85% yield (2.06/share/year) while PM offers 4.27% (5.40/share/year). PM 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 PM earn per year?
With $10,000 invested today: NEE pays approximately $285/year. PM pays approximately $427/year. With DRIP reinvestment over 10 years, these grow to $1,117/year (NEE) and $722/year (PM).
Does NEE or PM pay monthly dividends?
NEE pays quarterly dividends. PM 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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