PEGI - Pattern Energy: 8%+ Yield While You Wait For Dividend Growth To Resume
Pattern Energy Group (PEGI) has been growing revenue, cash flow, and dividends by an impressive amount over the last few years. While the dividend is frozen until cash flow catches up, the 8%+ yield is more than enough compensation to wait for that to occur. At any price under $23, dividend growth investors can get get shares at a good value and get in on the ground floor of what should be a great dividend growth investment.
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