I say often that the move towards 100% renewables and 100% electric vehicles will take a lot longer than the politicians and activists are telling you. The obstacles to an immediate 100% renewable world are pretty much impossible to overcome without causing long-lasting inflation and reducing global standards of living.
Having said that, the focus on renewable energy, electric vehicles, and sustainability is going to happen. The companies that start positioning themselves to profit from that growth now will be among the big winners of the next decade.
And there’s one company among them that could be the biggest winner of all, because it has its hands in so many different industries that are pivoting to renewables.
There’s a perfect storm of factors that make this stock a no-brainer must-buy: powerful tailwinds from social and economic trends, their commitment to getting a head start on the growth sectors of the future, 6.5% dividend yield that’s about to pay out, and an extremely low buy-in price.
The post This Undervalued Stock Is About to Pay Out a Fat Dividend – Get It Now originally appeared at Money Morning.