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Stock impact report

Down 34% But Still a Perfect Buy for Long-Term Passive Income [Yahoo! Finance Canada]

Brookfield Renewable Corporation Class A Subordinate Voting Shares (BEPC) 
As the dividend yield and stock price are inversely related, it makes sense to identify quality companies that have underperformed in recent months to benefit from an attractive dividend payout. One such TSX dividend stock is Brookfield Renewable Partners TSX:BEP.UN ), which is down 34% from all-time highs and offers you a tasty yield of 5.3%. Valued at a market cap of almost $25 billion, Brookfield Renewable owns a portfolio of clean energy facilities in the Americas. It generates electricity through hydro, wind, solar, distributed generation, and pumped storage. BEP also offers sustainable solutions, including renewable natural gas, carbon capture and storage, recycling, cogeneration, biomass, nuclear services, eFuels, and power transformation. Is Brookfield Renewable stock a good buy right now? Brookfield Renewable Partners delivered strong third-quarter results with funds from operations (FFO) reaching US$302 million, representing 10% year-over-year growth as the compan Show less Read more
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