Recent buy: NextEra Energy

I’m excited to share that I recently bought 15 additional shares of NextEra Energy (NEE), increasing my stake meaningfully in what has become one of my core dividend-growth holdings.

What I Bought Before & When

Back in April I made a purchase of NEE shares (see my April buy post), when I added to my position at an average cost of around $66 per share. That earlier buy was meant to start out a base position, and since then I’ve watched the company’s fundamentals and prospects unfold favorably.

This new purchase was done at current market levels (roughly $72), reflecting the stock’s rise since that earlier buy.

Why Buy More — Rather Than Opening a New Position

I see several reasons to deepen an existing position rather than diversify into another name:

1. Concentration in quality – I already believe strongly in NEE’s long-term outlook; adding to what I own increases potential upside and dividend yield on capital already committed.

2. Efficiency of capital deployment – Rather than spreading thin, adding to a proven idea lets me leverage research I already have, and lowers friction costs (brokerage, tracking).

3. Compounding effect – More shares in a high-quality dividend grower means faster growth in future income, all else equal.

In short: if I’m confident in NEE, it makes sense to lean in.

Why It Looks Attractive Now

• Earnings strength & tailwinds: NEE recently beat profit expectations for Q2 2025 (adjusted EPS of $1.05), even if revenue came in a bit light.

• AI / data center demand: The company is ramping its backlog of renewable + storage projects geared toward tech/data center customers — a growth vector in a world hungry for clean, reliable power.

• Nuclear revival opportunity: NEE is advancing plans to restart its Duane Arnold nuclear plant in Iowa (shut in 2020), tapping into renewed interest in firm, low-carbon baseload for AI/data center loads.

• Valuation and forward growth: Analysts forecast mid-to-high single digit growth in adjusted earnings over 2025–26.

Given all that, the current price offers a compelling risk/return tradeoff for long-term investors.

Final Thoughts

With this move, I’m not just padding my portfolio — I’m reinforcing conviction. NEE checks many boxes: stable regulated utility + growth in renewables + optional upside from nuclear revival. By increasing rather than diversifying, I double down on a name I trust, and position myself for better compounding of dividend income down the road.

I can’t wait to see how this holding contributes to my passive income stream in the years to come.

Recent buy: NextEra Energy

I'm excited to share a recent addition to my dividend portfolio: 25 shares of NextEra Energy (ticker: NEE). This purchase aligns with my long-term strategy of investing in companies that offer consistent dividend growth and are positioned for sustainable future performance.​

Why NextEra Energy?

NextEra Energy is one of the largest electric utility companies in the U.S., primarily serving Florida through its subsidiary, Florida Power & Light. Beyond traditional utilities, NextEra is a global leader in renewable energy, boasting one of the world's largest portfolios of wind and solar power assets. This dual focus on reliable utility services and clean energy innovation makes it a compelling choice for dividend growth investors.​

Dividend Growth and Yield

As of early 2025, NextEra offers an annual dividend of $2.26 per share, translating to a yield of approximately 3.48%. More impressively, the company has increased its dividend for 31 consecutive years, with an average annual growth rate of over 10% in recent years. Management has expressed confidence in continuing this trend, targeting roughly 10% annual dividend growth through at least 2026.

Financial Performance

In 2024, NextEra reported adjusted earnings per share (EPS) of $3.43, marking an 8.2% increase from the previous year. The company also expanded its renewable energy capacity by commissioning 8.7 gigawatts of new projects, with a backlog exceeding 12 GW. These developments underscore NextEra's commitment to growth and its strong position in the evolving energy landscape.​

Investment Rationale

By acquiring 25 shares at approximately $66 each, I've invested around $1.650 in NextEra Energy. This addition is expected to yield about $56 in annual dividends, with the potential for this income to grow over time given the company's dividend growth trajectory. NextEra's blend of stable utility operations and leadership in renewable energy aligns well with my investment goals, offering both income and growth potential.​

I'll continue to monitor NextEra's performance and share updates on how this investment contributes to my overall dividend income. As always, I welcome your thoughts and discussions on dividend investing strategies.