This Magnificent High-Yield Dividend Stock Thinks Its Shares Are a Buy (and It's Putting Money Behind That View)
This year has been the best of times and the worst of times for Brookfield Renewable (NYSE: BEP)(NYSE: BEPC). On the one hand, the company is having a stellar year. It has secured several needle-moving acquisitions. Those deals have it on track to grow its funds from operations (FFO) by more than 10% again this year.
But despite that success, shares currently sit nearly 30% below their 52-week high. That has pushed the renewable energy company's dividend yield up to around 5.5%. It has a magnificent record of increasing its dividend, growing it by at least 5% annually for the last dozen years.
Brookfield believes this sell-off makes its shares too good to pass up. Here's why it thinks that and what it's doing about it.
Source Fool.com
Brookfield Corp. Aktie
Des weiteren hat Brookfield Corp. derzeit 14 Buy-Einschätzungen und 1 Sell-Einschätzungen durch unsere Community zu Buche stehen.
Bei einem Kursziel von 42 € ergibt sich ein leicht positives Potenzial von 1.69% im Vergleich zum aktuellen Kurs von 41.3 € für Brookfield Corp..