Explosive AI Growth Pays Huge Dividends
Elon Musk is predicting an electricity shortage due to increased AI demand. While we're already holding NextEra Energy NEE stock, this prediction from the almighty Mr. Musk led us to take a closer look at some promising electric utility companies that also happen to be dividend contenders. We start by creating a universe of Utilities stocks that have increased dividends for at least 20 years. Next, we exclude water and natural gas companies so that we're left with only electric companies. Finally, we can apply some of our quality factors that we utilize in our Quantigence dividend growth…
The skinny
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