Reported 8 months ago
This Motley Fool article suggests that while NextEra Energy is a well-run utility, its popularity has led to a lower dividend yield of 2.8%. Instead, investors seeking higher passive income may look towards Dividend King Black Hills, which offers a dividend yield near 5% and a steady annualized growth rate of 5%. Although Black Hills faces debt-related challenges due to rising interest rates, its solid customer base and long-term prospects make it an attractive option for income-oriented investors seeking higher yields.
Source: YAHOO