This Top High-Yielding Dividend Stock Continues to Generate High-Powered Growth
Brookfield Renewable (NYSE: BEPC) (NYSE: BEP) continues to prove it's more than just an income stock. The renewable energy giant delivered record results last year, growing its funds from operations (FFO) by 10% per share. That gave it the power to increase its high-yielding distribution (currently over 5.5%) by another 5%, its 14th straight year of growing the payout at or above that level. The top renewable energy dividend stock expects to continue generating high-powered growth in 2025 and beyond. Here's a look at what's powering its robust growth.Last year "was another record year for our business," stated Brookfield Renewable CEO Connor Teskey in the company's fourth-quarter earnings report. He noted that the company delivered 10% FFO-per-share growth and developed about 7 gigawatts (GW) of new renewable energy capacity. In addition, the company and its partners deployed or committed $12.5 billion of capital ($1.8 billion net to its balance sheet) into its leading renewable energy platforms. Continue reading
Brookfield Renewable (NYSE: BEPC) (NYSE: BEP) continues to prove it's more than just an income stock. The renewable energy giant delivered record results last year, growing its funds from operations (FFO) by 10% per share. That gave it the power to increase its high-yielding distribution (currently over 5.5%) by another 5%, its 14th straight year of growing the payout at or above that level.
The top renewable energy dividend stock expects to continue generating high-powered growth in 2025 and beyond. Here's a look at what's powering its robust growth.
Last year "was another record year for our business," stated Brookfield Renewable CEO Connor Teskey in the company's fourth-quarter earnings report. He noted that the company delivered 10% FFO-per-share growth and developed about 7 gigawatts (GW) of new renewable energy capacity. In addition, the company and its partners deployed or committed $12.5 billion of capital ($1.8 billion net to its balance sheet) into its leading renewable energy platforms.
