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The Company is a provider of electricity-related services. Its principal subsidiary, FPL, is a rate-regulated utility engaged primarily in the generation, transmission, distribution and sale of electric energy.
Read my full bull call here: http://www.fool.com/investing/general/2012/09/25/1-dividend-stock-with-growth-potential.aspxAs one of the largest electricity companies around, NextEra occupies an interesting spot at the nexus of income and growth. For income investors, its 3.5% annual dividend yield is nothing to yawn at. As a growth investor, NextEra's dividend offers income today for big rewards tomorrow.NextEra enjoys a fair amount of diversity due to its regulated and unregulated divisions, but the real risk reduction secret sauce of this company lies in its energy sources. Both FPL and NEER are known for their clean and/or renewable energy sources, including wind, hydro, and a bit of solar to boot.
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