This energy stock has high-powered growth ahead.

Shares of NextEra Energy ( NEE 1.37% ) have fallen 12% over the past year. That has significantly underperformed the S&P 500 , which has rallied 20% during that period. The decline in NextEra's share price has pushed its dividend yield well over 3%, more than double the S&P 500's 1.2% yield.

Here's why investors should buy the dip in this excellent energy stock .

The high-powered growth continues

There's no reason for NextEra Energy's stock to have slumped in the past year. The electric utility is growing briskly, delivering 9.4% adjusted earnings-per-share growth in the second quarter. It remains on track to achieve its full-year earnings forecast.

The company also expects to deliver on its long-term outlook of growing ad

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