Why CLEARWAY ENERGY INC-C (NYSE:CWEN) provides a good dividend, while having solid fundamentals.

CLEARWAY ENERGY INC-C (NYSE:CWEN) has caught the attention of dividend investors as a stock worth considering. NYSE:CWEN excels in profitability, solvency, and liquidity, all while providing a decent dividend. Let's delve into the details.

What does the Dividend looks like for NYSE:CWEN

An integral part of ChartMill's stock analysis is the Dividend Rating, which spans from 0 to 10. This rating evaluates diverse dividend factors, including yield, historical data, growth, and sustainability. NYSE:CWEN has received a 7 out of 10:

• With a Yearly Dividend Yield of 6.57%, CWEN is a good candidate for dividend investing.
• CWEN's Dividend Yield is rather good when compared to the industry average which is at 4.78. CWEN pays more dividend than 94.74% of the companies in the same industry.
• Compared to an average S&P500 Dividend Yield of 2.33, CWEN pays a better dividend.
• On average, the dividend of CWEN grows each year by 15.88%, which is quite nice.
• CWEN has paid a dividend for at least 10 years, which is a reliable track record.
• As CWEN did not decrease their dividend in the past 5 years, we can say the dividend looks stable.

A Closer Look at Health for NYSE:CWEN

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NYSE:CWEN, the assigned 5 for health provides valuable insights:

• The Altman-Z score of CWEN (0.48) is better than 68.42% of its industry peers.
• CWEN's Debt to FCF ratio of 14.87 is amongst the best of the industry. CWEN outperforms 89.47% of its industry peers.
• With a decent Current ratio value of 1.49, CWEN is doing good in the industry, outperforming 68.42% of the companies in the same industry.
• The Quick ratio of CWEN (1.40) is better than 68.42% of its industry peers.

A Closer Look at Profitability for NYSE:CWEN

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:CWEN has earned a 5 out of 10:

• In the last couple of years the Profit Margin of CWEN has grown nicely.
• The Gross Margin of CWEN (63.46%) is better than 73.68% of its industry peers.

Every day, new Best Dividend stocks can be found on ChartMill in our Best Dividend screener.

Check the latest full fundamental report of CWEN for a complete fundamental analysis.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.