Reported 4 months ago
As the renewable energy market expands rapidly, with renewable energy contributing 30% of global electricity in 2023, the International Energy Agency predicts it will overtake coal by 2025. Brookfield Renewable (NYSE:BEP) is recommended by analysts as a top renewable energy dividend-paying growth stock for 2024, with a market cap of $7.50 billion and recent gains due to strong fundamentals and partnerships like the $10 billion deal with Microsoft. Despite its growth investments, Brookfield Renewable has paid quarterly dividends since 2020, offering a 5.50% trailing and forward dividend yield. Investors interested in high-yield investments might also consider Basecamp Alpine Notes from EquityMultiple, which provide a 9.00% APY over a 3-month term and offer short-term liquidity for portfolio diversification.
Source: YAHOO