Dividend Stock Showdown: NextEra Energy vs. Dominion Energy -- Which Should You Own?
Key takeaways
- The key factor is the long approval process that normally accompanies large utility mergers.
- Next Era Energy is one of the world's largest utilities and also one of the world's largest solar and wind companies.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
NEE D When it comes to mergers and acquisitions, one of the big questions is always, "Is it better to buy the acquirer or the target?" That's particularly interesting with regard to Next Era Energy's (NYSE: NEE) planned purchase of Dominion Energy (NYSE: D). The key factor is the long approval process that normally accompanies large utility mergers. Here's a look at this merger and which of these two stocks is the better dividend option right now.
Next Era Energy is one of the world's largest utilities and also one of the world's largest solar and wind companies. That said, on the regulated utility side of the business, it primarily operates in just one state, Florida. That's been a net positive for years, as the Sunshine State has benefited from in-migration. However, scale is increasingly important in the utility industry.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »