5 Best Buy and Hold Forever Dividend Stocks

4. Clearway Energy, Inc. (NYSE:CWEN.A)

Number of Hedge Fund Holders: 21

Dividend Yield: 3.8%

Clearway Energy, Inc. (NYSE:CWEN.A) is a lucrative investment option for growth and income investors alike, because of its focus on renewable energy and its attractive dividend yield. The company owns and operates utility-scale wind and solar assets. The company has raised its dividend for two years so far.

Clearway Energy, Inc. (NYSE:CWEN.A) just this February reaffirmed its 2022 full-year CAFD guidance of $395 million. This guidance factors in the company’s committed growth investments, and promises a contribution of about $40 million from the Thermal Business alone.

Out of 924 hedge funds, 21 hedge funds were long Clearway Energy, Inc. (NYSE:CWEN.A) in the fourth quarter. Their total stake value was $182 million. In comparison, in the previous quarter, 17 hedge funds were long the stock, with a total stake value of $151 million.