This High-Yielding Infrastructure Stock Continues to Generate Strong Results
Atlantica Sustainable Infrastructure (NASDAQ: AY) continues to benefit from the growing need for infrastructure worldwide. The infrastructure company has steadily acquired assets, enabling it to grow its cash flow and 4.3%-yielding dividend. That growth has been on full display this year.
Atlantica recently reported its first-half results. The infrastructure operator produced $109.9 million of cash available for distribution (CAFD) in the first half of 2021, up 12.9% year over year. Powering the company's growth was a combination of recent investments, higher production from its renewable energy business, and changes in foreign exchange rates.
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Source Fool.com
