From Yahoo Finance.: 2025-06-01 18:04:00

Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) is a top pick for dividend income in June. Shares are down over 15% from their 52-week high, offering a dividend yield of over 5%, much higher than the S&P 500. The company has a strong financial profile and a history of increasing dividends by at least 5% annually for the past 14 years.

Brookfield Renewable aims to grow its dividend by 5% to 9% annually, supported by its inflation-linked power purchase agreements. The company expects its funds from operations per share to grow by 2% to 3% annually due to rising power rates. Additionally, it plans to commission 8 gigawatts of new capacity this year, boosting FFO per share further.

The company recycles capital by selling mature assets and reinvesting in higher-return opportunities. With a potential total return of over 15%, Brookfield Renewable forecasts FFO per share growth of more than 10% annually through 2034. This, combined with a high dividend yield and strong earnings growth, makes it an attractive investment choice for June.



Read more at Yahoo Finance.: If I Could Buy Only 1 High-Yield Dividend Stock in June, This Would Be It