Not all of us can lease our wind rights to utilities. Clean energy stocks, though, can be the next best thing. As long as the sun shines and the wind blows, you make money. And because ongoing costs are only a fraction of sales, they throw off a lot of income. Of course, Wall Street can always mess up a simple formula. The sector fell out of favor last year. Many firms got in over their heads with debt trying to squeeze out a little extra return. The worst, however, seems to be over. Much of the silliness has been wrung out of the industry. And for those willing to comb through the rubble, you can pick up some great assets for pennies on the dollar. Here are three clean energy stocks to look into further.
Nextera Energy Partners LP (NYSE:NEP) resembles an “equity bond.” The partnership owns clean energy projects across the country, like wind farms and solar plants. And because the firm locked in customers through long-term contracts, you have highly predictable cash flows. Most of this cash gets returned to owners. Today, NextEra pays a quarterly distribution of $0.36 per unit, which translates into an annual yield of 4.3%. That payout should grow over time as the partnership builds out its portfolio. Executives project the dividend will grow at a 12% to 15% annual clip through 2022. (Source: “Earnings Conference Call: Fourth Quarter and Full Year 2016,” Nextera Energy Partners LP, January 27, 2017.)
Source: Income Investor
Related Articles:
- Love People, Use Dividend Stocks
- We Were Dividends, Before Dividends Were Cool
- 7 Dividend Stocks Delivering The Secret To Success
- 5 Low-Risk, High-Yielding Dividend Stocks
- 9 Dividend Stocks For A Rainy Day
3 Clean Energy Stocks Yielding Up to 8.5%
Posted by D4L | Tuesday, May 02, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The fact is that there are many interesting high-yielding companies that have good long-term prospects. Besides, as the markets get more vol...
-
A common measure of dividend sustainability is the payout ratio, the percent of earnings that are paid out to shareholders. Unfortunately, e...
-
Part of the joy of investing is seeing your good investments continue to grow, years after your initial purchase. Aside from the financial s...
-
Good income investments often come with strong dividend yields, delivering income that's higher than an investor could find at a bank or...
-
A lot changes when you shift from working to retirement, including how you invest. Most investors switch from building a nest egg to living ...
-
Last month we wrote about the top four companies in our model portfolio in the article 4 Dividend Dominators for 2021 - Companies With More ...
-
Both of the listed stocks are often discussed on the Reddit page, and for very different reasons. The former pays a frequent special dividen...
-
Interest rates remain very low and given the ongoing economic impact from COVID-19, they will likely stay very low. This low-rate environmen...
-
When it comes to dividend stocks, investors can fall into the trap of focusing on dividend yield over all else. That can be a dangerous stra...
-
Safety and tranquility are both important aspects of investing for retirement. Yes, we want stocks with meaningful upside. We also -- howeve...

0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.