Dividend Yields Are Near Record Lows. Here's Where You Can Lock in a Bigger Payday.
Brookfield sells the bulk of the power it produces under long-term fixed-rate power purchase agreements (90% for an average of 14 years). Most of those agreements link power rates to inflation (70% of its revenue). That provides it with stable and growing cash flow to support its growing dividend. Brookfield also invests capital into developing and acquiring additional renewable energy assets. Those growth catalysts drive the company's view that it can increase its dividend by 5% to 9% annually. Brookfield ...