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CVA - Covanta: A Quiet 5.5% Yield For Your Portfolio
Covanta Holding Corporation
Investment Thesis
Covanta Holding Corporation's (CVA) common stock offers a steady 5.5% yield. This company has seen steady market value growth since I first covered it while supplying a conservative pairing choice with my other higher volatility holdings.
CVA has seen 22% growth in share price alone - excluding all dividends.
Company Overview
CVA is a Energy from Waste and Recycling services company that is the largest WtE company in the United States and has a steadily growing presence in Europe.