1 Ultra-High Yield Stock I Wouldn't Touch With a 10-Foot Pole
NextEra Energy Partners(NEP) The Motley Fool·2024-08-24 23:07
NextEra Energy Partners has a strong parent, but the 13% yield looks too risky for my blood. There are some very clear things to like about NextEra Energy Partners (NEP 2.93%), including its lofty 13%+ distribution yield and a decade-long string of annual distribution increases. The truth is, I've been tempted to buy it. However, there's been a huge change in the master limited partnership's (MLP's) business position that holds me back from pulling the trigger. Here's why I'd rather keep this renewable powe ...