Reported 8 months ago
The article discusses two S&P 500 dividend stocks, Chevron and NextEra Energy, which are currently down around 19% to 22% from their all-time highs, providing investors with an opportunity to buy. Chevron, known for its consistent dividend growth and strong cash returns to shareholders, is projected to increase its free cash flow significantly through 2027 despite current low oil prices. On the other hand, NextEra Energy, a major renewable energy company, has been growing its earnings and dividends consistently. Both stocks offer potential for passive income and long-term wealth building.
Source: YAHOO