On Friday, January 30, 2026, the Board of Directors of Brookfield Renewable Corporation (NYSE: BEPC) announced a quarterly dividend increase from $0.373 to $0.392 per share. The dividend will be payable on March 31, 2026, to shareholders of record as of February 27, 2026. This represents a 5.09% increase over the prior quarterly dividend.
Current Dividend Yield and Income Impact
At yesterday’s closing price of $42.10, this dividend increase raises Brookfield Renewable Corporation’s forward dividend yield to approximately 3.72%, offering an attractive combination of income and long-term growth potential within the renewable energy infrastructure space.
As an owner of 320 shares of Brookfield Renewable Corporation, this increase adds $18.12 to my projected annual net dividend income. The size of the increase was consistent with prior years, meeting my expectations, and I am satisfied with the result.
Long-Term Dividend Growth Track Record
Brookfield Renewable is a Dividend Contender with a 16-year streak of dividend increases, highlighting its commitment to steady shareholder returns. According to Dividend Champions data, the company’s dividend growth rates have been remarkably consistent:
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1-year: 5.1%
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3-year: 5.2%
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5-year: 5.2%
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10-year: 5.4%
This increase marks the seventh consecutive dividend raise I’ve received from Brookfield Renewable since initiating my position in February 2019. Over this period, the quarterly dividend has grown from $0.2745 to $0.392 per share, representing a 42.8% increase, which aligns well with my long-term expectations.
At the time of writing, BEPC represents approximately 1.40% of my portfolio and contributes about 1.34% of my projected annual dividend income. Following this increase, my yield on cost stands at 5.91%.
Quick Valuation Take
At current levels, Brookfield Renewable appears fairly valued, trading in line with its historical yield range. While renewable energy valuations can fluctuate based on interest rates and capital costs, BEPC’s diversified asset base and long-term contracted cash flows support its current valuation for income-focused investors.
Dividend Safety and Outlook
BEPC’s dividend appears well supported, backed by long-duration, inflation-linked contracts and Brookfield’s disciplined capital allocation framework. While the sector remains capital intensive, Brookfield Renewable’s track record suggests the dividend is sustainable with continued mid-single-digit growth over time.
Final Thoughts
This dividend increase reinforces Brookfield Renewable Corporation’s role as a core renewable income holding in my portfolio. With consistent growth, solid yield on cost, and exposure to global clean energy infrastructure, BEPC continues to perform as expected.
Summary of 2026 Dividend Increases / Cuts
Full Disclosure: Long BEPC
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