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Comparative Valuation Of 15 Yieldcos

2015-12-16 21:49:09| Paper - Topix.net

Compared to the peak of the Yieldco bubble in May, many Yieldcos have dropped by more than half, and most by more than a third. Some of this decline is because rapid dividend growth depends on an endless supply of cheap investor capital - which is another way of saying that we can have rapid dividend growth or high dividend yields, but not both.

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