5 Best Utility Dividend Stocks To Buy

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1. NextEra Energy, Inc. (NYSE:NEE)

Number of Hedge Fund Holders: 58

NextEra Energy, Inc. (NYSE:NEE) tops our list of the best utility dividend stocks. The American energy company holds a 27-year track record of consistent dividend growth and offers a quarterly dividend of $$0.4675 per share. The stock’s dividend yield on January 26 came in at 3.23%.

According to Insider Monkey’s database of Q3 2023, 58 hedge funds held stakes in NextEra Energy, Inc. (NYSE:NEE), compared with 59 a quarter earlier. The total value of these stakes is more than $1.4 billion.

Follow Nextera Energy Inc (NYSE:NEE)

You can also take a look at Jim Cramer is Recommending These 10 Stocks and 10 Best Tech Stocks for the Next 5 Years

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