Brookfield Renewable Increases Dividend by 5%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Should l Buy BEPC?
Source: NASDAQ.COM
- Dividend Increase: Brookfield Renewable has raised its quarterly dividend by 5%, bringing the payout to $0.392 per share (annualized at $1.568), marking a consistent increase since 2011, which underscores its reliability as an income stock.
- Income Generation Analysis: To generate $1,000 in annual income, investors would need to own 638 shares of either the corporate shares (BEPC) or limited partnership units (BEP), highlighting the stability and attractiveness of its dividend payments.
- Price and Yield Discrepancy: Brookfield Renewable Corporation (BEPC) is priced around $42 with a yield of 3.8%, while Brookfield Renewable Partners (BEP) trades at approximately $30 with a yield of 5.3%, making the latter a more cost-effective option despite its more complex tax implications.
- Investment Consideration: Given the tax complexities, BEP offers a lower-cost way to generate $1,000 in annual income; however, the analyst team notes that Brookfield Renewable is not among the current top stock picks, urging investors to carefully evaluate their investment choices.
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Analyst Views on BEPC
Wall Street analysts forecast BEPC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BEPC is 43.67 USD with a low forecast of 35.00 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 41.640
Low
35.00
Averages
43.67
High
48.00
Current: 41.640
Low
35.00
Averages
43.67
High
48.00
About BEPC
Brookfield Renewable Corp. operates renewable power platforms and sustainable solutions. The Company’s operations consist of over 13,948 MW of installed hydroelectric, wind, solar, storage and ancillary capacity across Brazil, Colombia, North America and Europe. Its sustainable solutions assets include investment in a leading global nuclear services business and a portfolio of investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity, among others. It is focused on power markets in the United States. Its hydroelectric capacity in the United States is located in New York, Pennsylvania, and New England. In New York, it has over 74 hydroelectric facilities, in Pennsylvania, four hydroelectric facilities, and in New England, 48 hydroelectric facilities. Through its subsidiary TerraForm Power, it has a diverse portfolio of wind and solar platforms located in California, Illinois, Texas and New York.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Brookfield Renewable Achieves Strong Growth with Future Potential
- Strong Financial Performance: Brookfield Renewable generated $1.3 billion in funds from operations (FFO) last year, or $2.01 per share, reflecting a 10% increase driven by robust performance in its clean energy businesses and acquisitions, indicating solid growth potential in the renewable energy sector.
- Hydropower Business Growth: The company's legacy hydroelectric business produced $607 million in FFO, a 19% year-over-year increase, primarily due to strong generation and commercial revenue in Canada and Colombia, highlighting the accelerating demand for hydropower, particularly from data center developers.
- Renewable Energy Expansion: Brookfield delivered a record 8 gigawatts (GW) of new clean energy capacity last year, a 20% increase from the previous year, and aims to add 10 GW annually by 2027, showcasing its strong capabilities in renewable energy development and the promising market demand.
- Dividend Growth Expectations: The company anticipates over 10% annual FFO per share growth in the future, which will support annual dividend increases of 5% to 9%, further enhancing investor return potential and solidifying its attractiveness as a long-term investment.
See More
Brookfield Renewable Increases Dividend by 5%
- Dividend Increase: Brookfield Renewable has raised its quarterly dividend to $0.392 per share (annualized $1.568), maintaining a minimum 5% increase annually since 2011, underscoring its reliability as an income stock.
- Investment Requirement: To generate $1,000 in annual income, investors need to own 638 shares of either BEPC or BEP, reflecting the company's stability and attractiveness in the renewable energy sector.
- Yield Discrepancy: Brookfield Renewable Corporation (BEPC) is priced around $42 with a yield of 3.8%, while Brookfield Renewable Partners (BEP) trades at approximately $30, offering a yield of 5.3%, highlighting a significant difference in returns between the two.
- Cost Analysis: An investment of over $26,550 in BEPC is required to achieve $1,000 in annual dividends, compared to about $18,730 for BEP, indicating a more cost-effective option for income-focused investors.
See More
Brookfield Renewable Increases Dividend by 5%
- Dividend Increase: Brookfield Renewable has raised its quarterly dividend by 5%, bringing the payout to $0.392 per share (annualized at $1.568), marking a consistent increase since 2011, which underscores its reliability as an income stock.
- Income Generation Analysis: To generate $1,000 in annual income, investors would need to own 638 shares of either the corporate shares (BEPC) or limited partnership units (BEP), highlighting the stability and attractiveness of its dividend payments.
- Price and Yield Discrepancy: Brookfield Renewable Corporation (BEPC) is priced around $42 with a yield of 3.8%, while Brookfield Renewable Partners (BEP) trades at approximately $30 with a yield of 5.3%, making the latter a more cost-effective option despite its more complex tax implications.
- Investment Consideration: Given the tax complexities, BEP offers a lower-cost way to generate $1,000 in annual income; however, the analyst team notes that Brookfield Renewable is not among the current top stock picks, urging investors to carefully evaluate their investment choices.
See More
Brookfield Renewable Declares Quarterly Dividend Increase
- Quarterly Dividend Increase: Brookfield Renewable has declared a quarterly dividend of $0.392 per share, representing a 5.1% increase from the previous dividend of $0.373, indicating the company's strong performance in profitability and cash flow management.
- Stable Yield: The forward yield of 3.77% provides investors with a reliable return, reflecting the company's robust market position in the renewable energy sector and its commitment to shareholder value.
- Clear Payment Schedule: The dividend will be payable on March 31, with a record date of February 27 and an ex-dividend date also on February 27, ensuring shareholders receive their earnings promptly and enhancing investor confidence.
- Positive Market Reaction: The increase in dividends has heightened market interest in Brookfield Renewable, boosting investor confidence in its future growth potential, which may lead to an upward movement in stock prices.
See More
Brookfield Renewable Reports Strong Financial Growth
- Strong Financial Performance: Brookfield Renewable achieved a 10% year-over-year growth in funds from operations (FFO), reaching $2.01 per share and a total of $1.3 billion, showcasing the company's robust performance and sustained growth potential in the renewable energy sector.
- Continued Dividend Growth: The company raised its dividend by 5% and expects annual dividend growth of 5% to 9%, reflecting stable cash flows and a commitment to shareholders, which enhances investor confidence.
- Clean Energy Expansion: Brookfield added 8 gigawatts (GW) of new clean energy capacity last year, a 20% increase, and plans to deliver 10 GW annually by 2027, indicating a strategic positioning to meet the rising demand for clean energy.
- Strong Market Demand: With accelerating trends in data centers and electrification, Brookfield anticipates continuing to achieve over 10% annual FFO growth in the coming years, solidifying its leadership position in the renewable energy market.
See More
Brookfield Renewable Reports Strong Growth and Dividend Increase
- Record Financial Performance: Brookfield Renewable generated $1.3 billion in funds from operations (FFO) last year, or $2.01 per share, reflecting a 10% increase, indicating that the company's strong performance in clean energy and acquisitions will continue to drive growth.
- Hydropower Business Strength: The company's legacy hydroelectric business achieved FFO of $607 million, up 19% year-over-year, primarily due to enhanced generation capabilities in Canada and Colombia, meeting the rising demand for baseload power from data centers.
- Renewable Energy Expansion: Brookfield added a record 8 gigawatts (GW) of clean energy capacity last year, a 20% increase, and aims to deliver 10 GW of annual capacity additions by 2027, showcasing its robust expansion capabilities in the renewable energy sector.
- Dividend Growth Outlook: The company anticipates over 10% annual growth in FFO per share and has raised its dividend by 5%, supporting ongoing shareholder returns and projecting mid-teens annualized total returns, making it an attractive option for long-term investors.
See More
Brookfield Renewable Achieves Strong Growth with Future Potential
- Strong Financial Performance: Brookfield Renewable generated $1.3 billion in funds from operations (FFO) last year, or $2.01 per share, reflecting a 10% increase driven by robust performance in its clean energy businesses and acquisitions, indicating solid growth potential in the renewable energy sector.
- Hydropower Business Growth: The company's legacy hydroelectric business produced $607 million in FFO, a 19% year-over-year increase, primarily due to strong generation and commercial revenue in Canada and Colombia, highlighting the accelerating demand for hydropower, particularly from data center developers.
- Renewable Energy Expansion: Brookfield delivered a record 8 gigawatts (GW) of new clean energy capacity last year, a 20% increase from the previous year, and aims to add 10 GW annually by 2027, showcasing its strong capabilities in renewable energy development and the promising market demand.
- Dividend Growth Expectations: The company anticipates over 10% annual FFO per share growth in the future, which will support annual dividend increases of 5% to 9%, further enhancing investor return potential and solidifying its attractiveness as a long-term investment.
See More
Brookfield Renewable Increases Dividend by 5%
- Dividend Increase: Brookfield Renewable has raised its quarterly dividend to $0.392 per share (annualized $1.568), maintaining a minimum 5% increase annually since 2011, underscoring its reliability as an income stock.
- Investment Requirement: To generate $1,000 in annual income, investors need to own 638 shares of either BEPC or BEP, reflecting the company's stability and attractiveness in the renewable energy sector.
- Yield Discrepancy: Brookfield Renewable Corporation (BEPC) is priced around $42 with a yield of 3.8%, while Brookfield Renewable Partners (BEP) trades at approximately $30, offering a yield of 5.3%, highlighting a significant difference in returns between the two.
- Cost Analysis: An investment of over $26,550 in BEPC is required to achieve $1,000 in annual dividends, compared to about $18,730 for BEP, indicating a more cost-effective option for income-focused investors.
See More
Brookfield Renewable Increases Dividend by 5%
- Dividend Increase: Brookfield Renewable has raised its quarterly dividend by 5%, bringing the payout to $0.392 per share (annualized at $1.568), marking a consistent increase since 2011, which underscores its reliability as an income stock.
- Income Generation Analysis: To generate $1,000 in annual income, investors would need to own 638 shares of either the corporate shares (BEPC) or limited partnership units (BEP), highlighting the stability and attractiveness of its dividend payments.
- Price and Yield Discrepancy: Brookfield Renewable Corporation (BEPC) is priced around $42 with a yield of 3.8%, while Brookfield Renewable Partners (BEP) trades at approximately $30 with a yield of 5.3%, making the latter a more cost-effective option despite its more complex tax implications.
- Investment Consideration: Given the tax complexities, BEP offers a lower-cost way to generate $1,000 in annual income; however, the analyst team notes that Brookfield Renewable is not among the current top stock picks, urging investors to carefully evaluate their investment choices.
See More
Brookfield Renewable Declares Quarterly Dividend Increase
- Quarterly Dividend Increase: Brookfield Renewable has declared a quarterly dividend of $0.392 per share, representing a 5.1% increase from the previous dividend of $0.373, indicating the company's strong performance in profitability and cash flow management.
- Stable Yield: The forward yield of 3.77% provides investors with a reliable return, reflecting the company's robust market position in the renewable energy sector and its commitment to shareholder value.
- Clear Payment Schedule: The dividend will be payable on March 31, with a record date of February 27 and an ex-dividend date also on February 27, ensuring shareholders receive their earnings promptly and enhancing investor confidence.
- Positive Market Reaction: The increase in dividends has heightened market interest in Brookfield Renewable, boosting investor confidence in its future growth potential, which may lead to an upward movement in stock prices.
See More
Brookfield Renewable Reports Strong Financial Growth
- Strong Financial Performance: Brookfield Renewable achieved a 10% year-over-year growth in funds from operations (FFO), reaching $2.01 per share and a total of $1.3 billion, showcasing the company's robust performance and sustained growth potential in the renewable energy sector.
- Continued Dividend Growth: The company raised its dividend by 5% and expects annual dividend growth of 5% to 9%, reflecting stable cash flows and a commitment to shareholders, which enhances investor confidence.
- Clean Energy Expansion: Brookfield added 8 gigawatts (GW) of new clean energy capacity last year, a 20% increase, and plans to deliver 10 GW annually by 2027, indicating a strategic positioning to meet the rising demand for clean energy.
- Strong Market Demand: With accelerating trends in data centers and electrification, Brookfield anticipates continuing to achieve over 10% annual FFO growth in the coming years, solidifying its leadership position in the renewable energy market.
See More
Brookfield Renewable Reports Strong Growth and Dividend Increase
- Record Financial Performance: Brookfield Renewable generated $1.3 billion in funds from operations (FFO) last year, or $2.01 per share, reflecting a 10% increase, indicating that the company's strong performance in clean energy and acquisitions will continue to drive growth.
- Hydropower Business Strength: The company's legacy hydroelectric business achieved FFO of $607 million, up 19% year-over-year, primarily due to enhanced generation capabilities in Canada and Colombia, meeting the rising demand for baseload power from data centers.
- Renewable Energy Expansion: Brookfield added a record 8 gigawatts (GW) of clean energy capacity last year, a 20% increase, and aims to deliver 10 GW of annual capacity additions by 2027, showcasing its robust expansion capabilities in the renewable energy sector.
- Dividend Growth Outlook: The company anticipates over 10% annual growth in FFO per share and has raised its dividend by 5%, supporting ongoing shareholder returns and projecting mid-teens annualized total returns, making it an attractive option for long-term investors.
See More
