NextEra Expects to Grow Its Dividend 6% a Year Through 2028. Here's Why That's Enough.

NextEra Energy is slowing its dividend growth to 6% annually through 2028, down from previous 10% growth rates. This slowdown is strategic, allowing the company to conserve cash for its pending Dominion Energy merger and expansion of energy infrastructure for AI data centers. Despite lower dividend growth, the company's 8%+ earnings growth guidance through 2032, combined with current valuation below recent averages, positions it for solid total returns through stock price appreciation.