1 Utility Offering Dividends Today, Growth Tomorrow
Among public US utilities, Avangrid (NYSE: AGR) ranks near the top in its commitment to sustainable energy. With a substantial pipeline of solar and wind projects on the horizon and a lofty dividend yield, Avangrid is positioning itself to deliver significant shareholder value for years to come.
Avangrid is a utility leader in renewable energy. Image source: Avangrid.
Over 80% of Avangrid's revenue today comes from selling electricity and natural gas to its 3.3 million customers in New York and New England. As a regulated public utility, it has very limited pricing power: It can only charge its customers so much for what it sells.
Source Fool.com
