Share

New Companies Added to Green Dividend Yield Portfolio

by Harris Roen, Editor
Roen Financial Report
December 19, 2014
 

Green Dividend Yield PortfolioThe Roen Financial Report Green Dividend Yield Portfolio is made up of high-yielding alternative energy companies aimed at generating meaningful income for dividend investors. This diversified 20-stock portfolio is carefully picked from a universe of +/- 250 alternative energy companies, and has an average yield of 4.63%. Four new companies have recently been added to the Green Dividend Yield Portfolio.

Stocks in the portfolio have yields that range from 3.4% to 7.4%. As is the case with most investments, the higher up the dividend scale you go, the more risk you are likely to assume. Companies in the portfolio, therefore, are categorized into three dividend quality classes: high quality, medium quality and low quality. These classes are meant to reflect a stock’s long-term dividend producing prospects. If a company has certain strong financial features, such as return on equity, cash flow and dividend growth, it is much more likely to provide healthy dividends into the future.

New Companies Added

Four companies have been added to the portfolio, ABB (Ltd) (ABB), General Cable Corporation (BGC), Companhia de Saneamento Basico (SBS) and Schnitzer Steel Industries (SCHN).

ABB is a global smart grid company whose services include power transmission, distribution and power-plant automation. ABB ranks in the highest group for dividend quality due to outstanding dividend growth and a good cash flow to dividend ratio. ABB currently yields 3.8%

General Cable Corp manufactures wire and cable products, with a specific line of renewable energy applications for solar and wind. BGC has good dividend growth and excellent cash flow, with a current yield of 5.5%. Return on equity and earnings per share rate low for BGC, so its overall dividend quality is ranked as medium.

SBS is a Brazilian water utility that provides clean water resources and water conservation services to over 350 municipalities in and around Sao Paulo. Though the company has relatively low dividend growth, it has strong earnings per share and cash flow numbers. This medium dividend quality ranked company has a current yield of 5.2%

Schnitzer Steel is a metal recycler that salvages everything from vehicles to home appliances to bridges and buildings. SCHN has good cash flow, but rates low for return on equity, and is therefore also considered medium quality. SCHN has a yield of 3.4%.

Higher Yield = More Risk

Green Dividend Yield QualityThe chart below shows the correlation of yield quality to the amount of yield that a company in the Green Yield Dividend Portfolio is offering. Though not perfectly correlated, there is a clear trend line showing how companies that have lower quality characteristics are willing to offer higher yield rates in order to attract investors.

One outlier is Hannon Armstrong Sustainable Infrastructure (HASI), a specialty financing firm focused on energy efficiency, clean energy, and other sustainable infrastructure projects. HASI is offering an outsized dividend of $1.04/share, which translates into a generous 7.4% yield. This Maryland-based company has only had $14 million in sales in the past four quarters, and only recently started trading publically in April 2013, so does not have a long record of issuing dividends. Hannon Armstrong is on track, however, to have its first year of positive earnings, so this will surely be a dividend company to watch.

To find a complete list of the Roen Financial Report Green Dividend Yield Portfolio companies and rankings, please visit http://www.roenreport.com/premium/green-dividend-yield-portfolio/.




IMPORTANT INFORMATION

Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.


Remember to always consult with your investment professional before making important financial decisions.

 
Share

Stock Alert: OPTT

by Harris Roen, Editor
Roen Financial Report
Friday, December 19, 2014
 

Today’s Alert:

Ocean Power Technologies, Inc (OPTT)

A big price jump in this renewable wave power penny stock.

 

Ocean Power Technologies, Inc (OPTT)
More Info
Ocean Power Technologies notches up 24% in two days on news of $1.1 million incentive from the New Jersey Economic Development Authority. This volatile penny stock, however, is still down 63% for the year. Nasdaq




IMPORTANT INFORMATION

Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.


Remember to always consult with your investment professional before making important financial decisions.

 
Share

Stock Alert: AMRS, CWCO

by Harris Roen, Editor
Roen Financial Report
Tuesday, December 16, 2014
 

Today’s Alert:

Amyris Inc (AMRS)
Consolidated Water Co Ltd (CWCO)

Significant price drops for a renewable fuel company and a clean water utility.

 

Amyris Inc (AMRS)
More Info
Amyris obtains approval for use of renewable jet fuel by Brazilian regulators. AMRS is down 46% in the past three months, but is still up 36% from its lows of 2012. CNN Money
Consolidated Water Co Ltd (CWCO)
Consolidated Water stock drops on news of insider selling. CWCO falls 7% on the largest volume in three months, and is down 31% for the year. We consider this volatile stock to be Below Fair Value. SEC filing




IMPORTANT INFORMATION

Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.


Remember to always consult with your investment professional before making important financial decisions.

 
Share

Stock Alert: GLW, HSOL, JST

by Harris Roen, Editor
Roen Financial Report
Wednesday, December 10, 2014
 

Today’s Alert:

Corning Inc (GLW)
Hanwha SolarOne Company (HSOL)
Jinpan International Limited (JST)

Two dividend stories, a share repurchase and one merger generate high-volume trades in these three companies.

 

Corning Inc (GLW)
More Info
Corning announces a 20% dividend increase starting in 2015, as well as $1.5 billion in share repurchases. GLW gains 2% on large volume, and is up 24% for the year. Street Report
Hanwha SolarOne Company (HSOL)
China-based solar company Hanwha Solarone announces merger with German-based Hanwha Q CELLS using an all-stock transaction worth around $1.2 billion. Though the merger has been expected for some time, HSOL drops 5% on very large one-day volume, reaching an all-time low. PV Tech
Jinpan International Limited (JST)
Jinpan International set its 4th quarter dividend at $0.04/share, in line with recent dividend payments. JST drops 2% on large volume, but remains up 18% for the year. We consider the stock to be Overvalued. PR Newswire




IMPORTANT INFORMATION

Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.


Remember to always consult with your investment professional before making important financial decisions.

 
Share

Stock Alert: ECL, PEIX

by Harris Roen, Editor
Roen Financial Report
Thursday, December 4, 2014
 

Today’s Alert:

Ecolab Inc (ECL)
Pacific Ethanol Inc (PEIX)
 

Stock analyst coverage on these two companies spark investor interest.

 

Ecolab Inc (ECL)
More Info
Ecolab is downgraded by stock analyst Jefferies due to lower crude oil prices. The stock has gained 5% in 3 days on large volume, and is within 7% of its high reached in September. Street Report
Renewable Energy Group Inc (REGI)
Renewable Energy Group is given a “Buy” rating from Roth Capital with a $17 price target. REGI notches up 15% in two days, but is still down 7% for the year. We consider the stock to be Above Fair Value. Ticker Report




IMPORTANT INFORMATION

Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.


Remember to always consult with your investment professional before making important financial decisions.

 
Share
Articles by Category

Get access to members-only areas of the website, including up-to-date stock reports, select portfolio picks and alternative energy mutual fund & ETF rankings.

Electronic Check Processing
Get Your Free Report
Email
First Name
Last Name

We promise never to sell or share your email address!

Like Us on Facebook
 

Subscribe to the Roen Financial Report today

and get two free reports!

  • - Access to members-only areas of the website.
  • - Up-to-date stock reports.
  • - Alternative energy mutual fund & ETF rankings.
  • - Satisfaction Guaranteed!

SUBSCRIBE NOW