The S&P 500 currently has a 1.4% dividend yield. That's not very attractive for most income-seeking investors. The good news is that they have a lot of higher-yielding options. Many companies offer dividends yielding more than four times the S&P 500. However, investors must tread carefully when investing in stocks with ultra-high dividend yields since not all those payouts are sustainable. One that's more questionable is the monster yield offered by industrial giant 3M (MMM 0.50%). On the other hand, the bi ...

The US tax refund season brings positive news as the average IRS tax refund, currently at $3,182, reflects a 5.1% increase from last year. Despite a slight dip of 1.7% in the number of tax returns filed the U.S. Internal Revenue Service (IRS) reports a smooth and efficient start to tax filing season. With no major issues reported, the IRS assures that all systems are running well. While the number of tax refunds issued is down by 13.7% from the previous year, the total amount refunded remains substantial at ...

Despite recent troubles, it remains very difficult to argue against the future of clean energy stocks. Morningstar estimates that renewable energy will account for 45% of U.S. energy generation by 2032 — three times as much as it does now.Clean and renewable energy could account for an even higher percentage of generation if investments become more aggressive. In either scenario investors should understand that a dollar invested today has the potential to become several dollars in the future.The global push ...

23 Feb 2024 Clearway Energy (CWEN US) Scott Darling Axel Leven scott.darling@htisec.com axel.leven@htisec.com [Table_summary] 事件 我们预计 Clearway Energy 的第四季度业绩将受到市场的负面影响，该公司报告的 GAAP 净亏损为 7,300 万美元，低 于 610 万美元的预期净收入。GAAP 净亏损 7,300 万美元，调整后 EBITDA 为 2.01 亿美元，低于预期的 2.306 亿美 元。该公司重申其 2024 财年的 CAFD 指引为 3.95 亿美元，其目标是到 2026 年实现 5-8%的 DPS 增长。我们认为该 公司的产能扩张带来了强劲的盈利增长，受益于美国强劲的可再生能源需求增长，以及中期的可持续收益，并重 申我们的"优于大市"评级。 重申 2024 财年现金流和中期指引: 公司重申其 2024 财年现金流指引为 3.95 亿美元，并重申公司有望实现 4.2 亿美 元的中期现金流展望，并在没有外部股权的情况下，到 2026 年实现 5-8%的 DPS ...

Clearway Energy, Inc. (NYSE:CWEN) Q4 2023 Earnings Conference Call February 22, 2024 8:00 PM ET Company Participants Chris Sotos - President and Chief Executive Officer and Director Sarah Rubenstein - Executive Vice President and Chief Financial Officer Craig Cornelius - President and CEO of Clearway Energy Group Conference Call Participants Michael Lonegan - Evercore ISI Mark Jarvi - CIBC Justin Clare - Roth MKM Noah Kaye - Oppenheimer & Company Operator Good day. And thank you for standing by. Welcome to ...

Clearway Energy Inc. (CWEN) recorded fourth-quarter 2023 earnings of 32 cents per share, which surpassed the Zacks Consensus Estimate of 16 cents by 100%. The bottom line also improved 220% from the year-ago quarter’s level of 10 cents.Full-year 2023 earnings were 67 cents per share, down 86.6% from the previous year’s level of $4.99.RevenuesTotal revenues of $249 million missed the Zacks Consensus Estimate of $284 million by 12.2%. The top line also declined 7.1% from the year-ago quarter’s figure of $268 ...

Clearway Energy (CWEN) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this company created by NRG Energy to acquire and operate natural gas, solar and wind plants would post earnings of $0.55 per share when it actually produced earnings of $0 ...

▪ 4Q23 Financial Highlights Conventional: Strong availability Wind: Lower resource partially offset by timing of maintenance cap ex and other items Solar: Lower resource ▪ Continue to Maintain Balance Sheet Flexibility − No external capital needed to meet DPS growth objectives through 2026 given Thermal proceeds − Nearly 99% of consolidated long-term debt interest cost fixed with earliest corporate maturity in 2028 − Pro Forma credit metrics remain in-line with target ratings ▪ 2024 CAFD Guidance Factors In ...

Committed to approximately $215 million of new long-term corporate capital investments in 2023Signed contracts in last twelve months ensuring that 42% of the Resource Adequacy for Marsh Landing, Walnut Creek and El Segundo is contracted in 2027, with nearly 100% contracted through 2026Reaffirming 2024 financial guidanceIncreased the quarterly dividend by 1.7% to $0.4033 per share in the first quarter of 2024, or $1.61 per share annualizedContinue to target annual dividend per share growth in the upper range ...

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition period from to . Commission File Number: 001-36002 TABLE OF CONTENTS Index GLOSSARY OF TERMS 3 PART I 6 Item 1 — Business 6 Item 1A — Risk Factors 14 Item 1B — Unresolved Staff Comments 36 Item 1C — Cybersecurity 37 Item 2 — Properties 39 Item 3 — Legal Proceedings 42 It ...