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Stock impact report

Invest $50,000 in This Dividend Stock for $2,580 in Passive Income In this article : Brookfield Renewable Income potential An incredible set of projects Financials The bottom line Should y...

Brookfield Renewable Corporation Class A Subordinate Voting Shares (BEPC) 
If so, you should go with dividend stocks. Government bonds have almost no yield these days, and corporate bonds are barely better. Real estate, meanwhile, is not truly passive, as it entails a lot of maintenance and repair work. Dividend stocks are the way to go. To illustrate that point, here's a dividend stock that could net you $2,580 per year in passive income with just $50,000 invested. Brookfield Renewable Partners TSX:BEPC TSX:BEP.UN ) is a Canadian renewable energy company . It sells power on the open market, mainly to companies like utilities, major corporations, and increasingly, tech companies. The company sources power from a variety of sources, most notably wind, hydro and solar. It also has investments in nuclear energy through Westinghouse, of which it owns 50%. Brookfield Renewable has a pretty high dividend yield. Its distribution is $0.535 per quarter, or $2.14 per year. Its stock price is $41.47. 2.14 divided by 41.47 is 0.0516, or 5.16%. So, when you inve Show less Read more
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