Entering text into the input field will update the search result below

Brookfield Renewable: Solid 2022 Results And 5.5% Dividend Growth

WideAlpha profile picture


  • Brookfield Renewable delivered strong FFO per share growth in 2022.
  • The company has reached an incredible 110 GW in development pipeline assets and has 19 GW in advanced stage and construction-ready.
  • We find the current valuation reasonable, especially considering the long growth runway, but we would not call it a bargain.

Solar and wind energy farm


Brookfield Renewable (NYSE:BEP) (NYSE:BEPC) investors woke up to a nice dividend raise of 5.5% on what was already an attractive dividend yield. This is the 12th consecutive year of at least 5% annual distribution growth since 2011, when Brookfield Renewable

This article was written by

WideAlpha profile picture
Fin-tech startup leveraging machine learning technology to discover investing opportunities and to generate growth-optimal portfolios. Publisher of the WideAlpha AI-Selected Index, which has markedly outperformed its benchmark.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of BEPC, BN, BAM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling shares, you should do your own research and reach your own conclusion, or consult a financial advisor. Investing includes risks, including loss of principal.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Comments (11)

Brute80 profile picture
Does anyone know if BEPC is subject to the 15% Canadian Tax withholding like ENB, TRP and PBA?
Terra Brazilis profile picture
@Brute80 I would like to know it as well... I wanted to invest in BEP but my broker no longer has mlps available. The sa page for BEPC and BIPC lists both as domiciled in the USA, which makes me worried about a 30% dividend witholding tax for foreign investors(15% is bad enough but 30% makes in univestable for me). Please let me know if you find it out
LasVegasInvestor profile picture
I am afraid BEP will trade on yield and even if FFO/OCF increases, the share price will not because it trades on yield. Any contrary comments on that?
tab99 profile picture
07 Feb. 2023
Taking Canadian and American pension funds and investing it around the world full of risks, hope the pensions stay safe?
Governments NDP, wanted to do thos 25 years ago and unions said illegal move.
Don Beynon profile picture
What is your opinion of the 51% acquisition of Westinghouse nuclear?
WideAlpha profile picture
@Don Beynon Westinghouse seems to be a good business, but wish Brookfield Renewable had remained completely focused on renewables.
Dr.DaveR profile picture
@WideAlpha simple math dictates that nuclear is the only (current) viable solution
tab99 profile picture
07 Feb. 2023
@WideAlpha when a corp does a merger or acquisition allows it t to shift the books are of umd rather than report bad earnings again, cant properly tract Earnings
Dividending profile picture
Thank you for your excellent article. The fight against climate change is most definitely a major theme of this century and BEP is one of the best ways to profit from the massive amount of money that is and will be directed towards the unrelenting use of renewable resources.
Very long BEPC with additional purchases under $40 CAD.
Game Changer profile picture
Decarbonization of energy to TRY to avoid runaway catastrophic climate change is the most locked in mega trend of this century. Mult-trillions will be invested. Crypto, nfts, A.I robots, metaverse, etc. won't matter at all if the "ONLY" problem from climate change was a half meter rise in sea levels.

Most "investors" have yet to realize that the global decision makers who matter in nations, corporations, politics, and finance are starting to panic as they learn what will happen in their lifetimes and to their children if little or nothing is done.
Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.