This Nearly 6%-Yielding Stock Is Adding More Power to Drive Dividend Growth in 2027 and Beyond
Clearway Energy(CWEN) The Motley Fool·2024-11-27 16:29
Clearway Energy (CWEN 3.21%) (CWEN.A 3.44%) offers investors a high-yielding dividend currently approaching 6%. That's multiples higher than the S&P 500's (^GSPC 0.57%) dividend yield, which is near a 20-year low at around 1.2%. The clean energy company has all the power needed to grow its dividend toward the upper end of its 5% to 8% annual target range through 2026. Because of that, it's working to lock in dividend growth within that range for 2027 and beyond. It recently secured some new investments aime ...