Realty Income and NextEra Energy have consistently increased dividends over the past three decades. Realty Income has raised its dividend 132 times since going public, while NextEra Energy has grown its payout at a 10% compound annual rate for 20 years. Both companies are expected to continue increasing dividends in the next decade.
Realty Income, a reliable REIT, has paid 663 consecutive monthly dividends and increased its dividend payment every year for over 30 years. With a 4.2% compound annual growth rate and a 13.5% average annual return, Realty Income has a strong foundation for future growth and currently yields around 5.5%.
NextEra Energy, a utility company, has increased its dividend for over 30 years and grown it at a 10% compound annual rate for 20 years. The company expects to continue growing its dividend by about 10% annually through at least next year, supported by its growth profile and renewable energy projects.
Both companies have strong growth potential over the next decade, with Realty Income focusing on expanding its real estate portfolio and NextEra Energy benefiting from Florida’s population growth and renewable energy investments. These trends make them ideal long-term dividend stocks for investors.
Read more at Yahoo Finance: 2 Dividend Stocks to Hold for the Next 10 Years
