3 Clean Energy Dividend Stocks That Are Passive Income Powerhouses
With many oil and gas stocks hitting all-time highs off of record profits, it's been easy to turn a blind eye to the multi-decade growth potential of renewable energy. And while there are many ways to invest in renewable energy, the simplest is to find companies that are either directly financing large-scale projects or are pick-and-shovel plays that are instrumental in providing products and services to support the industry.
The Motley Fool asked its contributors to offer up ideas on clean energy dividend stocks that would be great buys right now. Clearway Energy (NYSE: CWEN), Honeywell International (NASDAQ: HON), and Brookfield Renewable (NYSE: BEPC) (NYSE: BEP) were offered up as answers. All three companies are forecasting steady low-risk growth -- which is particularly attractive for risk-averse investors who believe in the energy transition but don't want to invest in an expensive growth stock. Here's what the reporters had to say about these passive income powerhouses.
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Source Fool.com
