Income investors are always looking for high yield dividend stocks. The one concern before deploying capital into a stock, however, is whether the dividend is sustainable. The easiest thing to do is make an investment decision based on a stock’s price and current dividend yield. But this is only part of a proper investment decision process, which has multiple steps to determine the ultimate potential of a dividend paying stock.
Following this theme, I have searched for, found, and researched a company that offers both a steady and reliable income source and growth: Brookfield Renewable Partners LP (NYSE:BEP). Let me explain the company’s operations before getting into the dividend information. Brookfield Renewable Partners owns and operates renewable power assets, including hydroelectric and wind power producers, both of which are used to generate electricity for the general population. The company has assets in North and South America, as well as in Europe. BEP stock is in a category of high yield dividend stocks that has been growing year after year. The yield on BEP stock is 5.93%, compared to the S&P 500’s yield of 2.2%. The company pays a quarterly dividend to shareholders, which accounts for an approximate targeted payout of 70% from its annual cash flow.
Source: Income Investor
Related Articles:
- Weekly Links: May 13, 2017
- 5 Dividend Stocks With A Low P/B Ratio
- Harvest the Fruit
- 4 Dividend Stocks Delivering The Secret To Successful Investing
- The Magnificent Marvelous Money Machine
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
You don't need to pay a big price for a large payout. There are plenty of stocks trading in the single digits that continue to pay regul...
-
Three dividend-paying pharmaceutical investments to purchase amid the COVID-19 crisis avoid focusing solely on the top contenders for develo...
-
After a four-month run of steady gains, September brought sudden, sharp, losses across the board. The NASDAQ, which peaked over 12,000 on Se...
-
There are 65 so-called “dividend aristocrats,” which is the name given to companies that have managed to increase their dividends for 25 con...
-
There is no doubt that being an income investor in today’s bull market isn’t cool. But then again, it never is. No one likes to focus on div...
-
Recently, this stock has outperformed the US Telecom ETF, IYZ, over the past month and quarter, but it still lags IYZ and the S&P over t...
-
Today, we’ve pulled up three ‘Perfect 10’ stocks, which are also fine defensive plays, with dividends yielding 5% or higher. At a time when ...
-
The current correction has provided a sweet entry point for buying into the 5G and cloud storage markets, where the best-of-breed stocks in ...
-
This stock has been an up and down ride, which we've held on for, due to the very attractive yield over cost. Management was able to inc...
-
Looking for more security in the high yield space? Maybe you should consider preferred shares, particularly cumulative preferreds. This secu...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.