Here's How Many Shares of Brookfield Renewable You'd Need for $1,000 in Yearly Dividends
Here's How Many Shares of Brookfield Renewable You'd Need for $1,000 in Yearly Dividends
Matt DiLallo, The Motley FoolTue, February 3, 2026 at 7:50 AM UTC
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Key Points -
Brookfield Renewable recently increased its dividend by another 5%.
The company pays the same rate across both its corporate shares and limited partnership units.
The partnership units have a lower price, enabling you to generate the same income with a lower investment.
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Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) recently hiked its quarterly dividend by another 5%. It has raised its payout by at least that rate since 2011. Suffice it to say, the company has been a very reliable income stock.
Here's a look at how many shares of the renewable energy dividend stock you'd need to buy to generate $1,000 in income each year at its new rate.
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Wind turbines with money in the background.
Image source: Getty Images.
Brookfield Renewable is raising its quarterly distribution payment to $0.392 per share ($1.568 annualized). It pays the same rate across its corporate shares (BEPC) and limited partnership units (BEP). At that rate, you'd need to own 638 shares of either entity to generate $1,000 of income each year.
However, while each entity pays the same quarterly rate, they have different share prices. Brookfield Renewable Corporation's (BEPC) share price is around $42, giving it a 3.8% yield. Meanwhile, Brookfield Renewable Partners (BEP) is currently around $30 a share, putting its yield at 5.3%. The partnership trades at a lower price because it issues a Schedule K-1, a Federal tax form that can complicate tax filing. At those current price points, you'd currently need to invest over $26,550 into BEPC to generate $1,000 in annual dividend income compared to around $18,730 in BEP.
So, if income is your primary aim, and you don't mind the potential tax complications, Brookfield Renewable Partnership offers a lower-cost way to generate $1,000 of annual dividend income from the leading renewable energy company.
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Matt DiLallo has positions in Brookfield Renewable and Brookfield Renewable Partners. The Motley Fool recommends Brookfield Renewable and Brookfield Renewable Partners. The Motley Fool has a disclosure policy.
Source: “AOL Money”