This 5%-Yielding Dividend Stock Continues to Add to Its Powerful Growth Profile
Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) isn't your average high-yielding dividend stock. The leading global renewable energy producer also has powerful growth potential. The company has a quartet of catalysts that could drive double-digit annual earnings-per-share growth for years to come. Despite that robust growth profile, Brookfield isn't taking its foot off the gas. The company and its partners recently agreed to buy National Grid's (NYSE: NGG) onshore renewable energy business. That deal will give it even more power to continue increasing its 5%-yielding dividend.National Grid has agreed to sell its National Grid Renewables U.S. business to Brookfield Asset Management and its institutional partners, which include its renewable energy subsidiary, Brookfield Renewable. It's selling its U.S. onshore renewable energy platform for over $1.7 billion. That platform develops, constructs, owns, and operates utility-scale solar, onshore wind, and battery storage assets across the United States. National Grid Renewables U.S. currently has 1.8 gigawatts (GW) of operating capacity and another 1.3 GW under construction. Continue reading
Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) isn't your average high-yielding dividend stock. The leading global renewable energy producer also has powerful growth potential. The company has a quartet of catalysts that could drive double-digit annual earnings-per-share growth for years to come.
Despite that robust growth profile, Brookfield isn't taking its foot off the gas. The company and its partners recently agreed to buy National Grid's (NYSE: NGG) onshore renewable energy business. That deal will give it even more power to continue increasing its 5%-yielding dividend.
National Grid has agreed to sell its National Grid Renewables U.S. business to Brookfield Asset Management and its institutional partners, which include its renewable energy subsidiary, Brookfield Renewable. It's selling its U.S. onshore renewable energy platform for over $1.7 billion. That platform develops, constructs, owns, and operates utility-scale solar, onshore wind, and battery storage assets across the United States. National Grid Renewables U.S. currently has 1.8 gigawatts (GW) of operating capacity and another 1.3 GW under construction.
