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Stock impact report

Is Brookfield Renewable Stock a Buy for its 5.4% Yield? [Yahoo! Finance Canada]

Brookfield Renewable Corporation Class A Subordinate Voting Shares (BEPC) 
When it comes to buying dividend stocks for your portfolio, finding a name that offers an attractive yield is often top of mind for investors. And with Brookfield Renewable Partners TSX:BEP.UN ) offering a current yield of roughly 5.4%, it's a stock many investors consider for their portfolios. Buying higher-yield dividend stocks makes a lot of sense. Ideally, everyone wants to generate as much passive income as possible. But higher-yield stocks often come with trade-offs, such as dividend sustainability issues or lower long-term growth potential because the majority of earnings fund the dividend. So focusing only on the yield misses the bigger picture entirely, especially with a high-quality stock like Brookfield Renewable. It's essential to remember that even when you're buying dividend stocks, the best long-term investments don't just pay you today; they're businesses that can grow cash flow, increase payouts over time, and compound returns for years or even decades. That's Show less Read more
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