Alternative energy production. There is a long term positive secular trend in this industry. This was recapitalized by Brookfield about a year ago, who are more likely to buy more of this company than to sell their holding. They intend to grow the dividend by 5 – 8 % a year. It is a good defensive pick. (Analysts’ target: $13.33).
Basically a green utility. It started out as more of a solar company and is going to 50/50 solar/wind. It has geothermal and hydroelectric. There is lots of growth. They bought part of Atlantic Power (ATP-T) and some wind farms in the West. They can tuck in a lot of acquisitions, and he thinks the dividend growth is going to be significant. A dividend play with growth. 3.3% dividend yield.
TerraForm Power is a American stock, trading under the symbol TERP-Q on the NASDAQ (TERP). It is usually referred to as NASDAQ:TERP or TERP-Q
In the last year, there was no coverage of TerraForm Power published on Stockchase.
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In the last year, there was no coverage of TerraForm Power published on Stockchase.
On 2020-07-30, TerraForm Power (TERP-Q) stock closed at a price of $19.37.