EWP - Iberdrola Promises Continuous Dividend Growth And A 5% 'Floor' Yield In 2022
Introduction
Iberdrola (IBDSF) (IBDRY) doesn't get much attention here on Seeking Alpha despite its strong dividend yield and reliable dividend hikes in the recent past. While Iberdrola is a Spanish company, it generates less than 40% of its electricity in Spain as the company has diversified into the UK (15%), Brazil (29%), and the USA (16%).
Source: Yahoo Finance
Iberdrola's (wrong) perception of 'being a Spain-focused energy producer' gets reinforced as its only decent listing is on the Bolsa de Madrid exchange, where it's listed with IBE as its ticker symbol