Using This NextEra Energy Dividend Strategy, You Can Establish a $6,000 Passive Income Stream

Income hunters like NextEra Energy's 3.25% dividend yield and 15 years of payout increases.

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You must invest enough at NextEra's current yield to receive $500 per month or $6,000 annually in dividends.

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Easy 3-step process: Divide target annual dividend income by current yield to get total investment, then convert to shares.

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To make $6,000 yearly at NextEra's 3.25% yield, invest $184,615 or 3,113 shares at current prices.

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Owning 3,113 NEE shares with 3.25% dividends generates $500 monthly or $6,000 annually in passive income.

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Adjust inputs for $100 monthly income—$1,200 target income at 3.25% yield requires $36,923 total investment or 623 shares.

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Share prices and yields change over time, so monitor and tweak periodically to stay on track

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Reinvesting dividends can help compound earnings in the long run

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Rinse and repeat across a diversified portfolio of dividend payers to execute the strategy fully

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