In this article, we are going to discuss the 10 best renewable energy dividend stocks to buy now.
With the energy sector being the top source of global emissions, renewables are the need of the hour. Fortunately, the sector continues to make significant strides, and according to the latest figures from the energy think tank Ember, renewables reached a new milestone by overtaking coal as the top source of global electricity in the first half of 2025. Moreover, according to a recent report by the International Energy Agency, the global renewable energy capacity is expected to double over the next five years, increasing by 4,600 GW.
The rapid progress of the clean energy sector is also reflected by the S&P Global Clean Energy Transition Index, which measures the performance of companies in global clean energy-related businesses from both developed and emerging markets. The index has surged by more than 45% since the beginning of the year, compared to gains of just under 15% by the S&P 500.
With that said, here are the Best Dividend Stocks in the Renewable Energy Sector.
Our Methodology
To collect data for this article, we observed various companies operating in the renewable energy sector and then shortlisted the ones with annual dividend yields of over 2.5% as of November 14, 2025. While some of these names are not pure-play clean energy companies, they have made significant investments in the renewables sector. The following are the Best Clean Energy Dividend Stocks to Buy Now.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
10. NextEra Energy, Inc. (NYSE:NEE)
Dividend Yield as of November 14: 2.7%
With a market cap of over $175 billion as of the writing of this article, NextEra Energy, Inc. (NYSE:NEE) is the most valuable utility company in the world. The company boasts a diverse mix of energy sources, including natural gas, nuclear, renewable energy, and battery storage.
NextEra Energy, Inc. (NYSE:NEE) has grown its dividend every year since 1994, including a 10% increase in February 2025. The company intends to continue this momentum and expects to raise its dividends per share at roughly 10% per year through at least 2026 off a 2024 base.
To make sure it can sustain such a high level of payouts, NextEra Energy, Inc. (NYSE:NEE) remains focused on expansion. A Bloomberg report revealed on November 7 that the company is nearing a deal to acquire the gas retail platform Symmetry Energy Solutions for around $800 million. The deal, which marks an important step for NextEra to keep up with the ballooning energy demand, could be announced within weeks.
NextEra Energy, Inc. (NYSE:NEE) also remains an important player in the clean energy space and boasts a national footprint with nearly 30 gigawatts in renewables and storage backlog.
9. The Southern Company (NYSE:SO)
Dividend Yield as of November 14: 3.26%
The Southern Company (NYSE:SO) is one of the largest producers of electricity in the United States and the largest wholesale provider in the Southeast. Together with its subsidiaries, the company delivers clean, safe, reliable, and affordable energy to its 9 million customers.
The Southern Company (NYSE:SO) received a blow on November 6 when Goldman Sachs downgraded the stock from ‘Buy’ to ‘Neutral’, while also reducing its price target from $106 to $98. The analyst believes that the recent Georgia Public Service Commission election, in which two Democrats unseated two Republican incumbents, has limited the stock’s valuation upside due to the increased uncertainty ‘in a historically solid and certain regulatory jurisdiction’.
Earlier on November 5, Jefferies also downgraded The Southern Company (NYSE:SO) from ‘Buy’ to ‘Hold’, while cutting its price target from $114 to $103, stating that the Republican losses in the aforementioned election have materially increased the stock’s risk profile.
The Southern Company (NYSE:SO) reported mixed results for its third quarter on October 30, with the company’s revenue of $7.82 billion falling short of estimates by $100 million, despite a 7.5% YoY increase. However, SO still managed to beat its quarterly profit estimates on the back of the surging demand for electricity from businesses. The company also declared a quarterly dividend of $0.74 per share on October 20.
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