Better Energy Stock: Brookfield Renewable vs. Clearway Energy
Brookfield Renewable (NYSE: BEPC) (NYSE: BEP) and Clearway Energy (NYSE: CWEN) (NYSE: CWEN.A) are two of the largest renewable energy producers in the country. Those assets generate lots of steady cash flow, which they pay out in dividends. Brookfield Renewable currently yields nearly 5.5%, while Clearway Energy's payout is above 6.5%.
Those high-yielding dividends make them two of the top renewable energy dividend stocks. However, since most investors don't want to hold too many stocks, they likely only have room for one in their portfolio. Here's a look at which is the better energy stock to buy right now.
Brookfield Renewable and Clearway Energy are leading renewable energy producers. They sell most of the power they produce under long-term, fixed-rate power purchase agreements (PPAs) with utilities and large corporate buyers. Those PPAs supply them with steady cash flow to fund their lucrative dividends.
Source Fool.com
Brookfield Corp. Stock
Our community is currently high on Brookfield Corp. with 17 Buy predictions and 10 Sell predictions.
As a result the target price of 60 € shows a very positive potential of 57.07% compared to the current price of 38.2 € for Brookfield Corp..
