1. Green (in that the company is helping to make the economy more sustainable)
2. Pays a good dividend (in the current low-interest rate environment, I consider 4% to be “good”)
3. Has earnings and free cash flow large enough to easily sustain the dividend, and
4. Has low debt, leading to low earnings and cash flow volatility.

I like such stocks because I can buy them, and pretty much ignore them. This leaves me time to research more speculative green stocks, while still knowing that much of my portfolio is producing reliable income. Until recently, however, my ideal stock did not exist.

The recent decline of many green stocks has changed that, and I’m finally building a core of my portfolio around such reliable income producers.