Renewable Energy Dividend Stocks
Investing in renewable energy dividend stocks offers a unique opportunity for investors who are looking for sustainable, long-term growth while benefiting from consistent dividend payouts. As the world transitions away from fossil fuels, the renewable energy sector has become a key driver of the global economy, with significant investments in wind, solar, and clean energy infrastructure. Companies specializing in renewable energy, such as NextEra Energy Partners and Brookfield Renewable Partners, are leading the way in developing green solutions, making them attractive for dividend-seeking investors. What makes renewable energy an interesting industry to invest in is its potential for future growth. With global governments and corporations setting ambitious climate goals, demand for clean energy solutions is only going to increase. At the same time, many traditional energy companies are incorporating renewables into their portfolios, providing a mix of stability and innovation. Below is a list of top renewable energy dividend stocks that can provide steady income while supporting the future of energy.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| NextEra Energy Partners | 21.99% | 383.82% | 7.49% | 0.11% | 0.03% | 14.55% | 0.00% |
| Brookfield Renewable Partners | 5.49% | -617.21% | -42.48% | 0.00% | -0.05% | -7.18% | -0.71% |
| Clearway Energy | 7.41% | 269.67% | 26.67% | 1.52% | 0.06% | 4.15% | 0.00% |
| Atlantica Sustainable Infrastructure | 8.04% | 594.96% | 73.97% | 1.91% | 0.02% | 6.00% | 0.00% |
| Ormat Technologies | 0.60% | 24.50% | 40.48% | 2.01% | 0.05% | -1.96% | 19.62% |
| Boralex | 2.17% | 82.93% | 38.16% | 1.84% | 0.05% | 0.93% | 0.00% |
| Hannon Armstrong Sustainable Infrastructure Capital | 6.03% | 85.06% | 14.44% | 0.00% | 0.00% | 3.66% | 14.17% |
| Acciona | 4.17% | 130.00% | 33.61% | 1.36% | 0.05% | 8.49% | 3.46% |
| Brookfield Infrastructure Partners | 4.58% | -1574.60% | -255.47% | 0.00% | -0.01% | -4.04% | -1.17% |
| Atlantica Sustainable Infrastructure | 8.04% | 594.96% | 73.97% | 1.91% | 0.02% | 6.00% | 0.00% |
| NextEra Energy | 2.60% | 59.48% | 22.85% | 3.17% | 0.14% | -15.88% | -3.39% |
| Dominion Energy | 4.57% | 91.87% | 20.15% | 1.78% | 0.09% | -4.38% | 1.73% |
| Duke Energy | 3.60% | 92.18% | 20.51% | 1.80% | 0.09% | 2.24% | 2.77% |
| Southern | 3.24% | 63.19% | 20.48% | 2.90% | 0.15% | 3.16% | 3.28% |
| Xcel Energy | 2.26% | 61.08% | 21.40% | 2.08% | 0.10% | 6.47% | 6.48% |
| TotalEnergies | 5.58% | 44.99% | 8.12% | 1.18% | 0.14% | 1.19% | -0.11% |
| BP | 6.17% | 182.37% | 29.62% | 1.24% | 0.04% | -7.33% | -2.73% |
| Chevron | 4.03% | 70.19% | 17.44% | 1.86% | 0.10% | 6.16% | 4.47% |
| Shell | 4.15% | 55.99% | 13.26% | 1.10% | 0.08% | -8.03% | -3.57% |
| Fortis | 2.78% | 48.41% | 18.68% | 1.38% | 0.07% | 4.81% | 3.15% |
| Sempra | 2.59% | 55.75% | 19.71% | 7.61% | 0.13% | -0.06% | 3.54% |
| Avangrid | 6.12% | 60.70% | 12.41% | 0.70% | 0.06% | 0.18% | 0.00% |
| American Electric Power | 4.66% | 71.42% | 19.57% | 780.44% | 0.14% | 5.90% | 5.62% |
| Public Service Enterprise | 3.32% | 58.12% | 21.92% | 2.77% | 0.13% | 4.84% | 4.70% |
| Consolidated Edison | 3.36% | 59.16% | 18.53% | 1.56% | 0.09% | 2.53% | 2.79% |
| Eversource Energy | 5.63% | -135696.54% | -41.07% | 1.50% | -0.04% | 5.97% | 3.93% |
| National Grid | 4.64% | 75.02% | 82.04% | 6.29% | 0.08% | 2.51% | 0.19% |
| CMS Energy | 2.98% | 58.64% | 19.91% | 2.57% | 0.13% | 6.40% | 6.70% |
| DTE Energy | 3.29% | 51.93% | 16.76% | 2.21% | 0.14% | -2.83% | 4.14% |