HA Sustainable Infrastructure Capital Inc (HASI) has been named a Top 10 REIT with a 6.41% yield by Dividend Channel. The report highlights HASI's attractive valuation metrics and strong profitability metrics, including a price-to-book ratio of 1.3 and an annual dividend yield of 6.41%. The report also notes the company's quarterly dividend history and favorable long-term growth rates.
HA Sustainable Infrastructure Capital Inc (HASI) has been recognized as a Top 10 REIT by Dividend Channel, highlighting its attractive valuation metrics and strong profitability. The report underscores HASI's favorable financial health, including a price-to-book ratio of 1.3 and an annual dividend yield of 6.41%.
HASI's quarterly dividend history is notable, with consistent payments over the past few years. The company's long-term growth rates are also favorable, with a future dividend yield of 6.9% and a dividend growth rate of 4.4%. These metrics position HASI as a stable and growing dividend payer.
However, it is essential to consider the company's high payout ratios. The earnings coverage ratio is 97.6%, and the cash flow coverage ratio is 403.3%, indicating that the dividend payments are not well covered by earnings or cash flows. This may pose a risk to the dividend's sustainability in the long term.
Investors should also be aware of the recent changes in the company's management and board of directors, which could impact its future strategy and performance. Additionally, the company's stock price has been volatile, with significant fluctuations in the past year.
Despite these considerations, HASI's strong dividend yield and attractive valuation metrics make it an appealing option for income-focused investors. However, it is crucial to conduct thorough research and consider the company's specific risks before making any investment decisions.
References:
[1] https://simplywall.st/stocks/us/diversified-financials/nyse-hasi/ha-sustainable-infrastructure-cap/dividend
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