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This High-Yield Dividend Stock Is a No-Brainer


Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) has become a must-own stock for dividend investors. It has a top-notch financial profile and is one of the leaders in the global decarbonization trend. That should give it the power to continue growing its already attractive 4.3%-yielding dividend for years to come.

Here's why dividend investors shouldn't overthink things and consider adding this top-notch dividend stock to their portfolios.

Brookfield Renewable operates a globally diversified clean-energy infrastructure business. The company gets 52% of its cash flow from hydroelectric, 21% from wind energy, 15% from utility solar, and 12% from distributed energy (e.g., rooftop and community solar) and sustainable solutions. It also recently agreed to invest in the nuclear-energy sector

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Source Fool.com

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