3 Stocks That Will Pay You to Help Fight Climate Change
With the U.S. government shifting its focus to address the climate crisis in the coming years, the expectations for good things to come to companies working on renewable energy are rising. While there is a number of solar and electric mobility companies offering very promising prospects, investing in them is not without risk. For clean energy investors looking to balance their portfolios with more stable sources of returns, it turns out that there are a growing number of utilities leading the solar revolution that have been outperforming the S&P 500, with relatively low volatility while paying outsized dividends.
Additionally, the following three stocks have built competitive advantages that should keep them ahead of their peers for years to come. In all cases, we compare these stocks to the performance of the Vanguard S&P 500 Exchange Traded Fund (NYSEMKT: VOO), one of the best S&P 500 ETFs in terms of low fees and an excellent dividend yield.
Dividend investing in renewable energy. Image source: Getty Images.
Source Fool.com
