This Renewable Energy Stock Sees High-Powered Dividend Growth Ahead
Clearway Energy (NYSE: CWEN)(NYSE: CWEN.A) is one of the largest renewable energy producers in the U.S. Those assets generate lots of clean energy for the power grid and cash flow for Clearway's investors. The company currently pays out the bulk of that money via its dividend, which yields 3.6%. That's more than double the S&P 500's yield of 1.25%.
What makes that dividend even more attractive is its growth potential. The company recently set its sights higher, which could power big-time total returns for investors in the coming years.
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Source Fool.com
