Brookfield Renewable has several growth catalysts. It has increasing visibility that it can grow its earnings by more than 10% annually over the next decade.
Energy demand will surge in the coming years. Brookfield Renewable has a massive pipeline of renewable energy development projects.
Recycling capital is a core aspect of Brookfield's funding strategy. The company recently secured two more asset sales.
Now that the market is shifting due to the new path the Federal Reserve (the Fed) has undertaken recently, cutting interest rates and starting a new monetary policy easing cycle, investors need to re-tune their preferences for potential picks in their portfolios moving forward. Growth, income, and market capitalization growth are some of the factors that should be at the top of this new preference list.
Brookfield Renewable pays a 4.5%-yielding dividend, backed by a strong financial profile. The renewable energy company has tremendous growth prospects.
Brookfield Renewable Partners offers a juicy dividend yield that could rise steadily along with electricity demand. Royalty Pharma's portfolio of pharmaceutical products is growing by leaps and bounds, and so is its dividend payout.
Enterprise Products Partners offers a 7.2% yield, a reliable business, and a 26-year streak of annual distribution increases. Brookfield Renewable has a 5.8% yield, a decade of annual increases, and a growing renewable power portfolio.
Brookfield is adding another sustainable solution to its portfolio. The company expects a quartet of growth drivers to power double-digit earnings-per-share growth in the coming years.
Brookfield Renewable is a pure play on clean energy with a strong history of dividend growth and a robust yield. Black Hills is a Dividend King with a historically high dividend yield.
Dividend growth stocks have historically produced high total returns. Brookfield Renewable has grown its dividend by at least 5% annually for 13 straight years.
Kinder Morgan trades at less than 10 times cash flow. Brookfield Renewable expects to grow its earnings at a more than 10% annual rate through 2028.
Dividend stocks have rebounded sharply recently. However, some high-quality high-yield stocks remain market laggards. We share some of our top picks of the moment.