This Top Dividend Stock Is Plugging Into a Powerful New Growth Trend
Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) has grown into one of the world's largest clean-power platforms. It has steadily expanded into new energy sources to drive additional growth over the years, and that's given the company the power to grow its dividend.
Brookfield delivered its 11th straight year of increasing its payout by at least 5%. It's also grown it at a 6% compound annual rate since 2001.
The company continues to enhance its ability to grow its dividend by plugging into powerful long-term growth trends. It recently added a new power source by teaming up with uranium fuel provider Cameco (NYSE: CCJ) to acquire nuclear service company Westinghouse Electric. Here's why it's expanding its capabilities into the nuclear-energy sector.
Source Fool.com
