Brookfield Renewable (NYSE: BEPC) recently raised its quarterly dividend by 5%, maintaining a consistent trend since 2011. The company pays the same rate for both its corporate shares and limited partnership units, with the latter offering a lower price point for the same income. To generate $1,000 in annual income, you would need to own 638 shares of either BEPC or BEP. While both entities offer the same quarterly rate, BEP’s lower share price provides a higher yield at 5.3%, compared to BEPC’s 3.8%. Consider investing in Brookfield Renewable for reliable income from a leading renewable energy company.

Read more at Nasdaq: Here’s How Many Shares of Brookfield Renewable You’d Need for $1,000 in Yearly Dividends