Clean energy Dividend stocks

[dhcruz67]

Looked into these and I like:
VWDRY
NEE
EQM
These look sustainable with great growth potential. Let me know what you think.


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[fenders53]

I'll check them out. I am in NEE and several others here are as well. I like my utility companies to be making a move towards the future. The clean stocks can be tricky due to politics (i.e. dependence on subsidies). The wild swings in crude can cause extreme stress on a clean energy balance sheets. Entry point is often everything. Take a look at a 20 year chart for VWDRY. You could have a ten bagger lately, or much earlier on it would have been a a 95%+ loss and wait 15yrs to get half your capital back. Same story with a number of wind and solar startups. Step one for me is trying to figure out who will even survive the first 5-10 years as the tech evolves beyond the experimental stage.

[Otter]

Consider BEP as well. All Hydro, Wind, Solar assets spread across North and South America (primarily USA, Canada, Colombia, and Brazil). Limited Partnership, so issues K-1s (but TurboTax Premier has never had an issue with it). 9 years of dividend growth history, averaging 6.4% annual growth over the past five years, and 7% current yield. Next raise should be announced soon, before the March 31 distribution payment.

[dhcruz67]

Thank you. I will look into that one


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[dhcruz67]

(01-08-2019, 06:22 AM)fenders53 Wrote: I'll check them out. I am in NEE and several others here are as well. I like my utility companies to be making a move towards the future. The clean stocks can be tricky due to politics (i.e. dependence on subsidies). The wild swings in crude can cause extreme stress on a clean energy balance sheets. Entry point is often everything. Take a look at a 20 year chart for VWDRY. You could have a ten bagger lately, or much earlier on it would have been a a 95%+ loss and wait 15yrs to get half your capital back. Same story with a number of wind and solar startups. Step one for me is trying to figure out who will even survive the first 5-10 years as the tech evolves beyond the experimental stage.

Thank you


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