Want $1,000 in Dividend Income? Here's How Much You Have to Invest in Brookfield Renewable Stock

Brookfield Renewable has been a powerful dividend stock over the years. Brookfield Renewable (BEPC 0.16%)(BEP 0.61%) is a stellar dividend stock. The renewable energy producer has increased its payment by at least 5% in each of the last 13 years. It currently yields around 4.5%, several times above the S&P 500's 1.3% dividend yield. The company's higher dividend yield enables investors to generate more income from every dollar they invest. Here's how much of the renewable energy producer you'd need to own t ...