2 Clean Energy Dividend Stocks to Buy With $10,000 and Hold Forever

Core Insights - Clean energy is the fastest-growing segment in the global energy market, despite being a modest contributor overall [1] - NextEra Energy and Brookfield Renewable are highlighted as attractive options for dividend investors in the clean energy sector [2] NextEra Energy - NextEra Energy operates primarily in the utility sector, with a strong foundation in Florida's regulated electricity market, benefiting from population growth and a monopoly in its operational regions [3] - The company is a leading generator of solar and wind power, distinguishing it from competitors and contributing to its rapid growth [4] - Over the past 20 years, NextEra Energy's earnings have grown at more than double the rate of its closest competitors, with a 10% annual dividend growth over the last decade [5][6] - The current dividend yield of 3.2% is above the utility average of 2.9%, making it an attractive option for income-focused investors [5] Brookfield Renewable - Brookfield Renewable focuses exclusively on clean energy, with investments in hydroelectric, solar, wind, battery storage, and nuclear power across multiple continents [8] - The partnership share class offers a distribution yield of 6.6%, while the corporate version provides a 5.3% yield, appealing to different types of investors [8] - The company aims to increase its disbursement by 5% to 9% annually, presenting a strong dividend growth narrative [9] - Unlike traditional utilities, Brookfield actively manages its portfolio, which may introduce variability but allows for strategic asset management [10][11] Clean Energy Transition - The long-term clean energy transition presents significant growth opportunities for both NextEra Energy and Brookfield Renewable, with a potential runway for decades [12] - Conservative investors may prefer NextEra for its utility foundation, while those willing to take on more risk may find Brookfield's higher yield and compelling story attractive [13]