The hunt for dividend yield is pushing U.S. Yield companies – commonly called “yieldcos” – are spinoffs of alternative energy companies that own assets such as wind or solar farms and pay investors dividends out of the cash flow generated by long-term contracts to sell power to utility companies. Notable buyers include the $29.3 billion BlackRock Equity Dividend Fund and the $9.2 billion T. Rowe Price Small-Cap Stock fund.
Published in TZ Latest News 9 October, 2014 by The TZ Newswire Staff
Fund managers line up for high-yielding energy company subsidiaries
Published in TZ Latest News 9 October, 2014 by The TZ Newswire Staff
Fund managers line up for high-yielding energy company subsidiaries
The hunt for dividend yield is pushing U.S. Yield companies – commonly called “yieldcos” – are spinoffs of alternative energy companies that own assets such as wind or solar farms and pay investors dividends out of the cash flow generated by long-term contracts to sell power to utility companies. Notable buyers include the $29.3 billion BlackRock Equity Dividend Fund and the $9.2 billion T. Rowe Price Small-Cap Stock fund.