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Stock impact report

Why I Plan to Pour Another $250 Into This High-Yielding Renewable Energy Stock in April [The Motley Fool]

Clearway Energy, Inc. Class C (CWEN) 
Last clearway energy, inc. class c earnings: 11/6 06:32 am Check Earnings Report
Company Research Source: The Motley Fool
One of my investing goals this year has been to build out a basket ofrenewable energy stocksto benefit from the growth I see ahead in the sector. Among the most recent entrants to that mini-portfolio wasrenewable energy yieldcoClearway Energy(NYSE:CWENNYSE:CWEN.Apurchased shares in late February, spending about $0.Given all the volatility in the stock market, that initial position has lost value. However, instead of lamenting the loss, I'm planning to take advantage of the decline by pouring another $0 into that position this April. Here's why I'm adding so soon after my initial purchase.Image source: Getty Images.A cheaper valuation and higher yieldShares of Clearway Energy have fallen about % over the past month, due entirely to volatility driven by COVID-9 outbreak. That sell-off has pushed the company'sdividendyield up to .7%, which is higher than the .8% payout I locked in toward the end of February.That dividend should be on solid ground, assuming the U.S. economy doesn't go int Show less Read more
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