From Nasdaq: 2025-05-17 13:05:00

Tesla (NASDAQ: TSLA) and Elon Musk revolutionized the electric vehicle industry, leading to a surge in demand for electricity. This growth is projected to increase by 55% from 2020 to 2040, driven by AI and EVs. Investors can capitalize on this trend with dividend stocks like NextEra Energy (NYSE: NEE) and Black Hills (NYSE: BKH), offering steady income and growth potential.

For investors seeking dividend growth, NextEra Energy is a top choice with a 3.2% yield and consistent annual increases. Black Hills, with a 4.6% yield and Dividend King status, is ideal for those preferring higher yields. Meanwhile, Dominion Energy, despite a recent dividend cut, offers a 4.9% yield and potential for future growth. These utilities benefit from the increasing demand for electricity due to the EV market expansion.

The growth in regulated utilities, fueled by the EV boom, presents lucrative investment opportunities. NextEra Energy shines in dividend growth, Black Hills offers reliability, and Dominion Energy shows promise in its turnaround story. Investors can capitalize on the evolving energy landscape and potential dividend growth by strategically selecting utility stocks that align with their investment goals.



Read more at Nasdaq: Tesla Started the Ball Rolling and It Could Mean a 9,000% Growth Driver for These 3 Dividend Stocks