Uncovering Dividend Opportunities with NYSE:CWEN.

Consider CLEARWAY ENERGY INC-C (NYSE:CWEN) as a top pick for dividend investors, identified by our stock screening tool. NYSE:CWEN shines in terms of profitability, solvency, and liquidity, all while paying a decent dividend. Let's dive deeper into the analysis.

Dividend Assessment of NYSE:CWEN

ChartMill employs its own Dividend Rating system for all stocks. This score, on a scale of 0 to 10, is determined by evaluating different dividend factors, such as yield, historical performance, dividend growth, and sustainability. NYSE:CWEN has been assigned a 7 for dividend:

• With a Yearly Dividend Yield of 6.44%, CWEN is a good candidate for dividend investing.
• CWEN's Dividend Yield is rather good when compared to the industry average which is at 6.31. CWEN pays more dividend than 86.36% of the companies in the same industry.
• Compared to an average S&P500 Dividend Yield of 2.24, CWEN pays a better dividend.
• CWEN has paid a dividend for at least 10 years, which is a reliable track record.
• CWEN has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
• The dividend of CWEN is growing, but earnings are growing more, so the dividend growth is sustainable.

Looking at the Health

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NYSE:CWEN has earned a 5 out of 10:

• Looking at the Altman-Z score, with a value of 0.48, CWEN is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
• CWEN has a Debt to FCF ratio of 15.84. This is amongst the best in the industry. CWEN outperforms 90.91% of its industry peers.
• CWEN has a better Current ratio (1.59) than 63.64% of its industry peers.
• CWEN has a better Quick ratio (1.49) than 63.64% of its industry peers.

Assessing Profitability for NYSE:CWEN

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:CWEN has achieved a 5:

• Looking at the Return On Equity, with a value of 5.72%, CWEN is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
• Looking at the Profit Margin, with a value of 8.94%, CWEN is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
• In the last couple of years the Profit Margin of CWEN has grown nicely.
• The Gross Margin of CWEN (64.00%) is better than 63.64% of its industry peers.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

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

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.