5 Extreme Dividend Stocks to Buy Now

4. NextEra Energy Partners, LP (NYSE:NEP)

Dividend Yield as of April 22: 12.82%

NextEra Energy Partners, LP (NYSE:NEP) is an American renewable energy company that acquires and manages clean energy assets. The company currently pays a quarterly dividend of $0.88 per share, having raised it by 1.4% in January this year. It has been growing its dividends every quarter since 2015, despite its above-average dividend yield, which makes NEP one of the best dividend stocks on our list. The stock offers a dividend yield of 12.82%, as of April 22.

At the end of December 2023, 18 hedge funds in Insider Monkey’s database invested in NextEra Energy Partners, LP (NYSE:NEP), compared with 19 in the preceding quarter. These stakes are valued at more than $145.2 million collectively.

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