CWEN - 5 Renewable Energy Stocks That Also Pay Solid Dividends
Investors typically see renewable energy companies as fast-growing but risky businesses. But not all renewable energy stocks are risky. Let's look at five such companies that have exhibited consistent performance for years. Moreover, these companies pay growing dividends.
The five companies are Brookfield Renewable Partners (NYSE: BEP) , NextEra Energy Partners (NYSE: NEP) , Atlantica Sustainable Infrastructure (NASDAQ: AY) , Algonquin Power and Utilities (NYSE: AQN) , and Clearway Energy (NYSE: CWEN) .
NextEra Energy Partners has nearly doubled its quarterly dividend in five years; it raised its distribution by almost 15% in the first quarter. The utility has a portfolio of around 8 gigawatts (GW) of renewable energy projects in the U.S.
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5 Renewable Energy Stocks That Also Pay Solid Dividends