Atlantica Sustainable Infrastructure (NASDAQ:AY) continues to benefit from the growing need for infrastructure worldwide. The infrastructure company has steadily acquired assets, enabling it to grow its cash flow and 4.3%-yielding dividend. That growth has been on full display this year.
Atlantica recently reported its first-half results. The infrastructure operator produced $109.9 million of cash available for distribution (CAFD) in the first half of 2021, up 12.9% year over year. Powering the company's growth was a combination of recent investments, higher production from its renewable energy business, and changes in foreign exchange rates.
Source: Motley Fool
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This High-Yielding Infrastructure Stock Continues to Generate Strong Results
Posted by D4L | Monday, August 23, 2021 | ArticleLinks | 0 comments »________________________________________________________________
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