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home / news releases / DRUA - 4 Reasons Why Brookfield Renewable Partners Is Still A Retiree's Dream Stock


DRUA - 4 Reasons Why Brookfield Renewable Partners Is Still A Retiree's Dream Stock

Despite the coronavirus pandemic disrupting much of the global economy for over two months now, Brookfield Renewable Partners (BEP) is still a retiree's dream stock due to its:

  1. Recession, pandemic, and disruption-resistant business model
  2. Global diversification
  3. Strong BBB+ balance sheet and A-rated backing from its parent Brookfield Asset Management (BAM)
  4. Safe and growing distribution

While shares are not cheap (I rate the stock as a hold), it remains an attractive pick for conservative dividend growth investors that want an attractive balance of current income and inflation-beating income growth.

1. Political, Recession,

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Stock Information

Company Name: Dominion Energy Inc. 2016 Series A 5.25% Enhanced Junior Subordinated Notes due 2076
Stock Symbol: DRUA
Market: NYSE
Website: dominionenergy.com

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