If You Invested $1,000 in Brookfield Renewable Partners a Decade Ago, This Is How Much You Would Have Today
Brookfield Renewable Partners (NYSE: BEP) is a leading renewable energy provider that has delivered stellar returns for investors over the past decade. The company did a solid job of building out its business, which has helped it maintain cash flows as well as provide steady dividend growth to investors.
But how does that translate into investment returns? Let's determine how much a $1,000 investment in Brookfield Renewable Partners 10 years ago would be worth today. And because past performance isn't necessarily an indicator of future performance, let's also try to determine if it's a solid stock to invest in going forward.
Brookfield Renewable Partners operates one of the largest publicly traded platforms for renewable energy and decarbonization solutions. The partnership owns assets across various renewable energy products, including hydroelectric, wind, solar, and other sustainable energy sources.
Source Fool.com
