This Top Stock Proves It Has Plenty of Power to Continue Growing Its 5%-Yielding Dividend
Brookfield Renewable Partners L.P.(BEP) The Motley Fool·2024-02-05 19:26
Brookfield Renewable (BEPC -3.48%) (BEP -2.75%) recently closed the books on another solid year. The renewable-energy giant grew its funds from operations (FFO) by 7% per share. That gave it the power to increase its dividend by another 5% for 2024. It has now grown its payout by at least 5% each year since its public market listing 13 years ago. The renewable-energy powerhouse should have plenty of power to continue pushing its payout (which currently yields 5%) higher in the future. That's clear from its ...