1 S&P 500 Dividend Powerhouse Down 10% That's a Buy-and-Hold Forever

NextEra Energy (NYSE: NEE) is a dividend powerhouse. The utility has grown its payout at an impressive 10% compound annual rate since 2007 and raised its payment every year for the past three decades. Now is a great time to buy this elite dividend stock. Shares are down 10% from their 52-week high even as the S&P 500 has rallied roughly 15% over the past year and sits near its all-time high. As a result, NextEra Energy's dividend yield has risen to about 3%, while the S&P 500's has slipped to 1.2%, near its lowest level on record. Investors who buy today can lock in a lucrative and growing income stream that could last a lifetime. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool