Why Ballooning Debt Is a Mounting Concern for This High-Yield Dividend Stock
In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down when NextEra Energy Partners' (NYSE: NEP) debt comes due, and the implications on its cash flows when the interest rates it must pay to service that debt balloon. Also discussed: Clearway Energy (NYSE: CWEN)(NYSE: CWEN.A), Brookfield Renewable (NYSE: BEP)(NYSE: BEPC), and Atlantica Sustainable Infrastructure (NASDAQ: AY).
*Stock prices used were from the morning of Oct. 18, 2023. The video was published on Oct. 24, 2023.
10 stocks we like better than NextEra Energy Partners
When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*
They just revealed what they believe are the ten best stocks for investors to buy right now... and NextEra Energy Partners wasn't one of them! That's right -- they think these 10 stocks are even better buys.
*Stock Advisor returns as of October 23, 2023
Jason Hall has positions in Atlantica Sustainable Infrastructure Plc, Brookfield Renewable, Brookfield Renewable Partners, Clearway Energy, and NextEra Energy Partners. Tyler Crowe has positions in Brookfield Renewable. The Motley Fool has positions in and recommends Brookfield Renewable and NextEra Energy. The Motley Fool recommends Brookfield Renewable Partners. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
