This Incredible Dividend Stock Continues to Add Power to Deliver High-End Growth
Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) has tremendous organic growth prospects. It sees a trio of catalysts powering 7% to 12% annual growth in its funds from operations (FFO) per share through 2028.
In addition to its organic growth, Brookfield sees the potential for M activities to increase its FFO per share by more than 9% annually. Given all its acquisitions over the past year, achieving the higher end of its growth outlook is increasingly likely.
The Brookfield Global Transition Fund (BGTF), a fund focused on energy transition investments managed by Brookfield Renewable, recently agreed to acquire the renewable energy arm of Banks Group. It's reportedly paying around $1 billion for Banks Renewable, which owns and operates 11 onshore wind energy assets in England and Scotland. In addition, Banks Renewable has a large pipeline of onshore wind, solar, and battery storage projects under development.
Source Fool.com
Brookfield Corp. Stock
We see a rather positive sentiment for Brookfield Corp. with 13 Buy predictions and 1 Sell predictions.
At the moment Brookfield Corp. has reached the predicted target price of 43 €, with a current price of 42.7 €.
