While growth stocks typically do not pay dividends, there are many renewable energy stocks that have attractive dividend payouts. Renewable energy is making up an ever-larger proportion of energy production in the US, and there are publicly traded, dividend-paying stocks that allow investors to take advantage of this trend. In fact, one of the stocks in this article pays its shareholders monthly dividends.
Renewable energy isn’t new by any means, but it has taken on greater significance in the production of energy at scale in recent years. Renewable energy can include things like hydropower, geothermal, wood, biomass, wind, and solar. In this article, we’ll take a look at three utility stocks that look poised to benefit from the growth of renewable energy. NextEra Energy (NYSE:NEE), Brookfield Renewable Partners L.P. (NYSE:BEP) and TransAlta Renewables Inc. (OTCMKTS:TRSWF).
Source: InvestorPlace
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