High dividend yields are often a warning sign for investors; in the case of NextEra Energy Partners (NYSE: NEP), the rising yield has been driven by higher interest rates. And investors think those rates will eventually eat into the company’s dividend payout.
In this video, Travis Hoium shows why this may still be a great opportunity for investors, especially given the recent guidance from management.
*Stock prices used were end-of-day prices of Feb. 27, 2024. The video was published on Feb. 28, 2024.
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Travis Hoium has positions in NextEra Energy Partners. The Motley Fool has positions in and recommends NextEra Energy. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
This 14% Dividend Yield Is Too Good to Pass Up was originally published by The Motley Fool
