Is Brookfield Renewable an Income Investor's Dream-Dividend Stock?
It's quite easy to list the attributes that income investors love to see in a stock. Obviously, a juicy dividend yield is high on the list. A reliable payout ranks way up there, too. And while income is paramount, even dividend investors enjoy share-price appreciation.
There are quite a few stocks that check off all of those boxes. One that especially jumps out to me, though, is Brookfield Renewable (NYSE: BEP) (NYSE: BEPC). Is Brookfield Renewable an income investor's dream-dividend stock?
You can invest in the renewable energy provider in one of two ways. The original limited partnership (LP), Brookfield Renewable Partners, trades under the BEP ticker. In 2020, the company created another entity, Brookfield Renewable Corporation, that trades under the BEPC ticker. The BEPC shares don't come with the tax hassles associated with investing in LPs.
Source Fool.com
Brookfield Corp. Stock
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 €.
