I Can't Stop Buying Shares of This High-Yield Dividend Stock. Here's Why I Plan to Buy Even More in 2024.
I've been accumulating shares of Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) for several years, and the renewable energy juggernaut has grown into one of my largest positions. Because of that and its high-yielding dividend, it's one of the top income producers in my portfolio.
Despite having an already meaningful allocation, I plan to continue adding to my position next year. Here's why I can't stop buying this top-notch income stock.
The main draw of Brookfield Renewable is its dividend, and it has the three things I seek in a dividend stock:
Source Fool.com
Brookfield Corp. Stock
€38.00
-0.520%
With 14 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 42 € there is a slightly positive potential of 10.53% for Brookfield Corp. compared to the current price of 38.0 €.
