This Magnificent 5%-Yielding Dividend Stock Has the Power to Deliver Supercharged Growth Through 2030
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.
Source Fool.com
Brookfield Corp. Stock
With 13 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
On the other hand, the target price of 43 € is below the current price of 43.6 € for Brookfield Corp., so the potential is actually -1.38%.
