BEPC - This Magnificent 5%-Yielding Dividend Stock Has the Power to Deliver Supercharged Growth Through 2030
2024-05-05 06:14:00 ET
Brookfield Renewable (NYSE: BEPC) (NYSE: BEP) has done a magnificent job over the years delivering a growing dividend to its investors. The leading renewable energy producer has increased its payout at a 6% compound annual rate since its inception in 1999. That steady growth has helped push its dividend yield up to 5%.
The top renewable energy dividend stock should have ample power to continue increasing its payout in the future . It's an exceptional option for those seeking an attractive and steadily rising stream of dividend income.
Brookfield Infrastructure recently reported its first-quarter results. The company generated a record $296 million, or $0.45 per share, of funds from operations ( FFO ). Brookfield's FFO surged nearly 8% overall and by almost 5% on a per-share basis .
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This Magnificent 5%-Yielding Dividend Stock Has the Power to Deliver Supercharged Growth Through 2030