1 High-Yield Stock to Buy This June
This year has been an awful one for dividend investors due to the economic fallout from the COVID-19 pandemic. More than 175 public companies have cut their payouts by at least 50%, with several suspending them entirely. Those reductions have decimated the income streams of many investors.
However, while many companies are reducing their payouts during these tough times, others are immune to the current challenging environment. One of these is clean energy producer Clearway Energy (NYSE: CWEN)(NYSE: CWEN.A), which has already provided its investors one raise earlier this year and could give them an even bigger one later this summer. Because of that, it tops my list of stocks for yield-seekers to buy this month.
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Source Fool.com
