Many investors have jumped on the renewable energy bandwagon. With mandatory renewable energy targets being adopted around the world, the industry is expected to enjoy strong growth for the next few decades. The thing is, though, not all renewable energy companies are safe bets. Is there a way for conservative income investors to capitalize on this booming industry? The answer is yes...
Today’s top dividend stock is NRG Yield, Inc. (NYSE:NYLD), a yieldco created by NRG Energy Inc (NYSE:NRG) to own, operate, and acquire power generation and thermal infrastructure assets. Right now, NRG Yield owns and operates 2,934 net megawatts of renewable energy assets, 1,945 net megawatts of conventional generation assets, and thermal infrastructure assets with a 1,442 megawatt capacity. These assets are diversified across 60 states. Note that renewable energy assets—solar and wind farms—are responsible for generating more than two-thirds of the company’s cash available for distribution (CAFD).
Source: Income Investors
Related Articles:
- Illinois Tool Works Inc. (ITW) Dividend Stock Analysis
- The Most Dangerous Investment
- 9 Dividend Stocks Beating The 4% Rule
- You Can't Spend Earnings
- Why Dividends Matter
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Utility stocks have been relatively volatile in the recent past. However, most utility stocks have a low beta and have a stable cash flow vi...
-
Many investors search for safe, dividend-paying stocks. As John D. Rockefeller once said: "Do you know the only thing that gives me ple...
-
Dividend stocks have fallen out of fashion during the pandemic. With interest rates at rock-bottom levels, investors have fled from assets l...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
With interest rates near zero, many investors are turning to dividend stocks for income. And for some investors, the higher the yield, the b...
-
The U.S. economy officially entered into a recession in February, and challenging conditions will likely continue in the near future. The co...
-
Energy Transfer (NYSE:ET) pays a monster cash distribution. Given the big slide in its unit price, -- they're down more than 50% in the ...
-
The rollout of fifth-generation network services, also known as 5G, enhances the appeal of each of these three dividend-paying, 5G technolog...
-
Prices of energy commodities like natural gas are important for consumers and investors alike. Earlier in the year, natural gas prices in th...
-
Unfortunately, some investors that are new to dividend stocks end up chasing the highest yield stocks they can find and end up getting burne...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.