It's getting hot and dusty on the old bargain-hunting trail. In fact, we started following the sun, and ended up tracking down a solar high dividend stock. This is a change of pace for us, since most of our articles cover fossil fuel-related high dividend stocks. This fairly new dividend stock yields 8.14%, with a 73% payout ratio, supported by long-term contracts. Mgt. just declared its 6th straight dividend hike. Mgt. guided for 12% dividend growth, and 40%-plus EBITDA growth in 2017.
point3 Energy Partners LP, (NASDAQ:CAFD) is a growth-oriented limited partnership formed by First Solar and SunPower to own, operate and acquire solar energy generation projects. Our primary objective is to generate predictable cash distributions that grow at a sustainable rate. We intend to achieve this objective by acquiring high-quality solar assets primarily developed by our Sponsors that generate long-term contracted cash flows and serve utility, C&I and residential customers in the US and other select markets.
Source: Seeking Alpha
Related Articles:
- 5 Dividend Stocks Beating the S&P With Positive Returns In Excess of 50% YTD
- Income Annuities vs. Dividend Stocks
- 8 Select High-Yield S&P 500 Dividend Stocks
- Your Greatest Wealth Building Asset
- Where To Find Great Dividend Stocks
Dividend Growth Stocks News
- 3 Top Dividend Stocks to Maximize Your Retirement Income - Yahoo - 7/17/2025
- Unlocking Value in High-Yield Dividend Stocks: A Strategic Guide to July's Undervalued DiviDogs - AInvest - 7/17/2025
- 3 Ultra-Safe Dividend Stocks That Yield Over 5% - 24/7 Wall St. - 7/17/2025
- The 3 High-Yielding Monthly Dividend Stocks Every Investor Should Consider Right Now - 24/7 Wall St. - 7/17/2025
- Analysts See Over 45% Upside in These 3 Dividend Stocks – 7/17/2025 - TipRanks - 7/17/2025
Dividend Stock Yields 8%, 6 Straight Hikes, Dividends Up 12% In 2017
Posted by D4L | Thursday, April 20, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.