Brookfield Renewable eyes growth for clean electricity theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
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Investing in great dividend stocks is one way investors can build a passive source of income. Often, investors will look for companies that pay a reliable income over the years without looking too much into a stock’s potential growth. Factors that dividend investors often take into consideration include a low payout ratio and long history of consecutive distributions. However, when I look for strong dividend companies, I also consider the stock’s potential appreciation and dividend growth.
In this article, I will discuss two companies that are poised to continue growing in addition to paying a reliable dividend.
Over the past couple years, renewable energy stocks have seen incredible growth. Over this time, stocks like
NextEra Energy (+72.56%),
Brookfield Renewable Partners (TSX:BEP.UN)(NYSE:BEP) (+168.61%), and
Northland Power (TSX:NPI) (+97.79%) have seen returns that most publicly traded companies can only dream of.
Many of these gains have been attributed to a general influx of investors that believe in including ESG investing principles into their portfolios. In a more tangible sense, we have recently seen Joe Biden win the United States presidency.
Biden has made the issue of climate change, and his promise to create a more sustainable future, a main focus of his campaign. With that said, in this article, I will discuss the two Canadian renewable energy stocks I am most bullish on.
Author Bio
Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. His background includes serving in management and consulting for the healthcare technology, health insurance, medical device, and pharmacy benefits management industries.
Follow @keithspeights
Never underestimate the power of dividends. For example, consider the
S&P 500 index. Since 2000, it has increased by a little over 150%. But if you include reinvested dividends, the S&P 500 s total return is nearly twice as high at 280%. Dividends have a huge impact on how much investors make over the long run. The additional benefits often are even more spectacular with individual stocks.
10 Clean Energy Stocks for 2020: Rose Colored Covid - Alternative Energy Stocks altenergystocks.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from altenergystocks.com Daily Mail and Mail on Sunday newspapers.