With Shares Down Nearly 15%, Is Now the Time to Buy This High-Yielding Energy Stock?
BEPBrookfield Renewable Partners L.P.(BEP) The Motley Fool·2024-08-22 20:12

Brookfield Renewable has a lot going for it these days. Brookfield Renewable (BEPC -0.18%) (BEP) currently sits about 15% below its 52-week high. This slump has pushed the renewable energy producer's dividend yield up over 5%. That's several times higher than the S&P 500's current dividend yield of less than 1.5%. A high dividend yield isn't Brookfield Renewable's only draw. The leading global renewable energy producer is growing briskly. Add that to its lower valuation, and the company could produce superc ...