Green Dividend Surge: 6% Yield Stock with 24% Growth Potential

Green Dividend Surge: 6% Yield Stock with 24% Growth Potential

Renewable Investing Spotlight

S&P Clean Energy Index: A Gentle Warming

The S&P Clean Energy Index has been strolling along a modest 6.4% annual return for the last five years—think of it as a steady jog, not a sprint. While it’s a healthy trend for green assets, investors craving a little extra traction might want to look a bit farther.

Meet Brookfield Renewable Partners (BEP)

BEP (NYSE: BEP) is a darling of the renewable world, offering a 6% dividend yield that’s as comfortable as a familiar hat. It’s not just about the payouts; the partnership has stacked up a 30‑year dividend track record and keeps a steady stream of cash flowing like a well‑tuned river.

Why Brookfield is Buzzing

  • Consistent free cash flow that keeps the lights on and the dividends rising.
  • Strategic acquisitions—most notably Duke Energy Renewables—bolster its footprint in the U.S. market.
  • Long‑term power purchase agreements (PPAs) that tie tariffs to inflation, providing predictable, growing cash flow.
  • Outstanding cash reserves: $4.5 billion on hand, plus a $650 million equity raise.

Analyst Perspective

“As demand for renewable energy keeps growing, the market’s green stocks are getting a taste for greatness.” – Saqib Iqbal, Financial Analyst at Trading.Biz.

Iqbal highlights how BEP’s 30-year dividend consistency and anticipated yield jump to 9% could slash the value—chances of 24% upside using its fundamentals and current undervaluation.

Recent Performance Snapshot

In the last quarter, BEP posted a solid 10% year‑to‑date increase in FFO per unit, all while maintaining reliable cash flow and a robust dividend at about 6%.

With IT companies increasingly looking to power their operations sustainably, BEP’s most recent acquisition of Duke Energy Renewables places it ahead of the pack in the U.S. renewable landscape—primed for cost savings and repowering opportunities.

BEP technical analysis: Looking to regain

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BE P Stock: The Year‑Long Plunge and a Chance to Catch a Riser

Why a 14% Drop Opens the Door to Action

Since the start of the year, BEP’s shares have slid down more than 14%. It’s a big dip, but seasoned trader Saqib sees it as the perfect moment to swing in.

Daily Chart Reality Check

  • Feb 8 – the stock broke its key support zone.
  • Current target for support: 21.99 USD.

On the Upside: What’s Next?

  • Next resistance level: 26.80 USD – the same price BEP hit on Jan 31.
  • If the price punches through 26.80, the next cliffs are 27.40 and then 28.70.
  • That could mean an upside of roughly 24 %.

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