2024-02-01 14:50:16 ET
Summary
- The highlight feature of Atlantica Sustainable Infrastructure stock is its dividend yield of 9.2%. But this hasn't been enough to make up for price declines in the past year.
- With a return to net profits, the company's market multiples do look improved from a historical standpoint, though steadiness in revenues and adjusted EBITDA would be vital to price too.
- The company's 2023 results due later this month can provide more insight into its expectations for 2024, which can be critical to assess whether a price uptick is likely now.
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For further details see:
Atlantica Sustainable Infrastructure: Think About Total Returns