Latest news with #BEPC
Yahoo
04-08-2025
- Business
- Yahoo
Down More Than 7% After Reporting Earnings, This Top Dividend Stock Is a Screaming Buy
Key Points Brookfield Renewable recently reported strong second-quarter results. The company continues to make excellent progress on its growth initiatives. It's in a strong position to produce robust total returns in the future. 10 stocks we like better than Brookfield Renewable › Shares of Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) tumbled more than 7% last Friday following its second-quarter earnings report. That slump is somewhat puzzling, given that the renewable-energy giant posted strong numbers. Brookfield Renewable is becoming the partner of choice for companies that need clean energy to power their operations in the coming years. This puts the company in a strong position to continue growing its earnings and its high-yielding dividend of more than 4%. A very strong quarter Brookfield Renewable generated $371 million or $0.56 per share of funds from operations (FFO) in the second quarter. That was up 10% year over year. The company benefited from strong operating results across its portfolio, backed by its stable, inflation-linked, and contracted cash flows. It also got a boost from its growth initiatives. The company's legacy hydropower business delivered impressive results, with its FFO surging more than 50% to $205 million. Its hydro fleets in the U.S. and Colombia delivered results above their long-term average, rebounding from a challenging year. Brookfield's distributed energy, storage, and sustainable solutions segment also posted strong results, as its FFO jumped nearly 40% to $118 million. The primary driver was its investment in the nuclear services company Westinghouse, which is benefiting from the resurgence in demand for nuclear power. Strong results in those segments helped offset the performance of the company's wind and solar operations, which generated $184 million of FFO during the period. The sale of one of its businesses offset the growth from development projects and other acquisitions. The high-powered growth should continue Brookfield stated in its earnings release that "looking to the rest of 2025, we expect to achieve our 10%+ FFO per unit annual growth target." It's also in a strong position to deliver on its growth target in 2026 and beyond. One factor fueling that optimism is its success in securing new investments. The company recently agreed to invest $1 billion to increase its equity stake in Colombian hydropower producer Isagen to 38%. Brookfield noted that the transaction will be immediately accretive to its FFO per unit this year, while boosting its results by about 2% next year. Meanwhile, the company's U.S. hydro business should continue delivering strong results. Brookfield noted that the above-average performance it saw in the second quarter should continue throughout this year and into 2026, "given the typical multiyear cycle we see in the hydrology of our fleet." Brookfield recently signed a major deal with technology giant Google to supply up to 3 gigawatts (GW) of hydropower in the coming years. The first contracts under this agreement are for 670 megawatts of capacity from two plants in Pennsylvania, representing more than $3 billion of future power sales to the technology giant. Beyond hydropower, Brookfield continues to invest heavily in wind, solar, and energy storage. For example, the company secured $7 billion in project financing for Polenergia's offshore wind development in Poland, the largest ever project financing in its business. The company is also on track to start delivering on its agreement to provide Microsoft with over 10.5 GW of renewable energy in the coming years. Brookfield has several long-term growth catalysts. These include inflation-linked rate increases, locking in higher power prices as older agreements expire (such as its hydro deal with Google), development projects for Microsoft and others, and new investments like Isagen. These factors put Brookfield in a strong position to deliver 10%-plus annual FFO-per-share growth. This level of growth should also support annual dividend increases of 5% to 9%. Brookfield has raised its dividend by at least 5% annually for the past 14 years. An extremely compelling investment opportunity Brookfield Renewable's stock dropped despite its strong second-quarter results. That makes this leading renewable energy dividend stock look like a screaming buy. With strong growth ahead, it could continue to generate robust total returns in the coming years, especially from its now lower share price. Do the experts think Brookfield Renewable is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Brookfield Renewable make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,019% vs. just 178% for the S&P — that is beating the market by 841.12%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Matt DiLallo has positions in Alphabet, Brookfield Renewable, and Brookfield Renewable Partners. The Motley Fool has positions in and recommends Alphabet and Microsoft. The Motley Fool recommends Brookfield Renewable and Brookfield Renewable Partners and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Down More Than 7% After Reporting Earnings, This Top Dividend Stock Is a Screaming Buy was originally published by The Motley Fool
Korea Herald
10-07-2025
- Entertainment
- Korea Herald
S2O Korea returns with splashing beats
From global EDM stars to signature water-soaked experience, the Songkran-inspired festival to hit Seoul A musical downpour is coming to South Korea, both literally and figuratively. S2O Korea is set to take place July 12–13 at Seoul Land in Gwacheon, Gyeonggi Province. Inspired by Thailand's traditional Songkran water festival, S2O debuted in Korea in 2022. Drawing over 40,000 attendees last year, it has quickly established itself as one of the country's representative summer festivals. This year's S2O Korea lineup is filled with global EDM stars, including Afrojack, KSHMR, Dimension and house hitmaker Meduza. Subtronics, a leading DJ in North America's bass scene and a dubstep powerhouse, will make his Korean debut at the festival. The lineup also includes international and domestic EDM artists such as W&W, Said The Sky, Level Up, Vicetone, Vinai, Retrovision, Alan Shirahama, Soda, AK & Daywalker and Aster & Neo, offering diverse genres from big room and bass to melodic and trap. BEPC, the organizer of S2O Korea, is also the force behind World DJ Festival, another major EDM festival in South Korea. The company recently launched World DJ Festival Japan, signaling its expansion into the global market. 'S2O is a water-themed festival uniquely tailored to the summer season, offering an entirely different kind of joy,' said Kim Eun-sung, CEO of BEPC. 'This year's S2O will be a full sensory experience where music, water and performance come together in harmony— creating a festival that transcends traditional EDM.'
Yahoo
04-07-2025
- Business
- Yahoo
Investing $1,000 Into This Top Dividend Stock in July Could Grow to Over $4,250 by 2035
Brookfield Renewable has delivered a 15.6% average annual total return since 2001. The company expects to grow its 4.5%-yielding dividend by 5% to 9% annually. It anticipates delivering more than 10% annual FFO per share growth for the next decade. 10 stocks we like better than Brookfield Renewable › Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) has been a wealth-creating machine over the years. The leading global renewable energy producer has grown its dividend at a 6% compound annual rate since 2001. That has helped power a 15.6% average annual total return for its investors. While that past performance doesn't guarantee its future returns will be as strong, the company's current outlook suggests the next 10 years could be just as good, if not better. If Brookfield can deliver similar returns over that period, it could grow a $1,000 investment made this July into more than $4,250 by the middle of 2035. Brookfield Renewable currently pays a dividend yielding around 4.5%. That's more than three times higher than the S&P 500, which yields less than 1.5%. Brookfield's high-yielding dividend provides investors with a very strong base return. That payout is on a very sustainable foundation. Brookfield sells 90% of its electricity under long-term, fixed-rate power purchase agreements (PPAs) with an average remaining term of 14 years. Most of those PPAs link rates to inflation, accounting for 70% of Brookfield's revenue and allowing the company to produce predictable and steadily rising cash flow. Brookfield estimates that inflation-linked rate increases will boost its funds from operations (FFO) by 2% to 3% per share each year. The market price for renewable energy is rising faster than inflation because of robust demand, and Brookfield expects to lock in even higher power prices as legacy PPAs expire. Recontracting and other margin enhancement activities should add another 2% to 4% to its FFO per share each year. The stable and growing cash flow from Brookfield's existing portfolio puts its high-yielding dividend on a solid foundation. The company also has a strong investment-grade balance sheet, further fortifying its payout. Brookfield Renewable has two other growth drivers: Development projects and acquisitions. The company has 74 gigawatts (GW) of renewable energy projects in its advanced-stage pipeline. That's almost double its current operating capacity of nearly 45 GW. It expects to commission 8 GW of projects this year as it ramps up to its target of 10 GW annually by 2027. Brookfield estimates that development projects will add 4% to 6% to its FFO per share each year. The company is steadily signing PPAs to support its development pipeline. It inked a massive 10.5 GW deal with Microsoft last year for projects it expects to develop in the 2026-to-2030 timeframe. Brookfield believes it could eventually provide the technology company with even more power in the future, given the immense demand for electricity needed to power AI data centers. In addition, Brookfield expects to continue making accretive acquisitions largely funded by recycling capital. The company recently closed its acquisition of French renewable energy developer Neoen, which enhanced its development pipeline in several fast-growing markets. It also recently agreed to buy National Grid's U.S. onshore renewable-energy platform. That deal will add 3.9 GW of operating and under construction assets, a 1 GW construction-ready portfolio, and more than 30 GW of development projects. It's funding these new investments by selling several assets at strong valuations. Brookfield believes that its capital recycling strategy will further accelerate its growth rate. Brookfield estimates that this quartet of catalysts will grow its FFO per share at more than a 10% annual rate for the foreseeable future. That growth is highly visible and secured through the end of the decade, and increasingly visible and secured in 2030 and beyond. Brookfield Renewable's high-yielding dividend provides a solid and growing base return. It's targeting 5% to 9% annual dividend increases. On top of that, the company expects to grow its FFO per share at more than a 10% annual rate for at least the next decade. It has delivered 11% compound annual growth over the past 10 years. Add the dividend yield to the company's growth rate, and Brookfield could deliver total returns above 15% annually. That strong probability of earning a high total return makes Brookfield Renewable a great stock to invest $1,000 into this July. Before you buy stock in Brookfield Renewable, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Brookfield Renewable wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $697,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $939,655!* Now, it's worth noting Stock Advisor's total average return is 1,045% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Matt DiLallo has positions in Brookfield Renewable and Brookfield Renewable Partners. The Motley Fool has positions in and recommends Microsoft. The Motley Fool recommends Brookfield Renewable, Brookfield Renewable Partners, and National Grid Plc and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Investing $1,000 Into This Top Dividend Stock in July Could Grow to Over $4,250 by 2035 was originally published by The Motley Fool
Globe and Mail
02-07-2025
- Business
- Globe and Mail
Investing $1,000 Into This Top Dividend Stock in July Could Grow to Over $4,250 by 2035
Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) has been a wealth-creating machine over the years. The leading global renewable energy producer has grown its dividend at a 6% compound annual rate since 2001. That has helped power a 15.6% average annual total return for its investors. While that past performance doesn't guarantee its future returns will be as strong, the company's current outlook suggests the next 10 years could be just as good, if not better. If Brookfield can deliver similar returns over that period, it could grow a $1,000 investment made this July into more than $4,250 by the middle of 2035. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » A strong base return Brookfield Renewable currently pays a dividend yielding around 4.5%. That's more than three times higher than the S&P 500, which yields less than 1.5%. Brookfield's high-yielding dividend provides investors with a very strong base return. That payout is on a very sustainable foundation. Brookfield sells 90% of its electricity under long-term, fixed-rate power purchase agreements (PPAs) with an average remaining term of 14 years. Most of those PPAs link rates to inflation, accounting for 70% of Brookfield's revenue and allowing the company to produce predictable and steadily rising cash flow. Brookfield estimates that inflation-linked rate increases will boost its funds from operations (FFO) by 2% to 3% per share each year. The market price for renewable energy is rising faster than inflation because of robust demand, and Brookfield expects to lock in even higher power prices as legacy PPAs expire. Recontracting and other margin enhancement activities should add another 2% to 4% to its FFO per share each year. The stable and growing cash flow from Brookfield's existing portfolio puts its high-yielding dividend on a solid foundation. The company also has a strong investment-grade balance sheet, further fortifying its payout. Additional growth drivers Brookfield Renewable has two other growth drivers: Development projects and acquisitions. The company has 74 gigawatts (GW) of renewable energy projects in its advanced-stage pipeline. That's almost double its current operating capacity of nearly 45 GW. It expects to commission 8 GW of projects this year as it ramps up to its target of 10 GW annually by 2027. Brookfield estimates that development projects will add 4% to 6% to its FFO per share each year. The company is steadily signing PPAs to support its development pipeline. It inked a massive 10.5 GW deal with Microsoft last year for projects it expects to develop in the 2026-to-2030 timeframe. Brookfield believes it could eventually provide the technology company with even more power in the future, given the immense demand for electricity needed to power AI data centers. In addition, Brookfield expects to continue making accretive acquisitions largely funded by recycling capital. The company recently closed its acquisition of French renewable energy developer Neoen, which enhanced its development pipeline in several fast-growing markets. It also recently agreed to buy National Grid 's U.S. onshore renewable-energy platform. That deal will add 3.9 GW of operating and under construction assets, a 1 GW construction-ready portfolio, and more than 30 GW of development projects. It's funding these new investments by selling several assets at strong valuations. Brookfield believes that its capital recycling strategy will further accelerate its growth rate. Brookfield estimates that this quartet of catalysts will grow its FFO per share at more than a 10% annual rate for the foreseeable future. That growth is highly visible and secured through the end of the decade, and increasingly visible and secured in 2030 and beyond. High-powered total return potential Brookfield Renewable's high-yielding dividend provides a solid and growing base return. It's targeting 5% to 9% annual dividend increases. On top of that, the company expects to grow its FFO per share at more than a 10% annual rate for at least the next decade. It has delivered 11% compound annual growth over the past 10 years. Add the dividend yield to the company's growth rate, and Brookfield could deliver total returns above 15% annually. That strong probability of earning a high total return makes Brookfield Renewable a great stock to invest $1,000 into this July. Should you invest $1,000 in Brookfield Renewable right now? Before you buy stock in Brookfield Renewable, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Brookfield Renewable wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $697,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $939,655!* Now, it's worth noting Stock Advisor 's total average return is1,045% — a market-crushing outperformance compared to178%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Matt DiLallo has positions in Brookfield Renewable and Brookfield Renewable Partners. The Motley Fool has positions in and recommends Microsoft. The Motley Fool recommends Brookfield Renewable, Brookfield Renewable Partners, and National Grid Plc and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
Globe and Mail
30-06-2025
- Business
- Globe and Mail
Brookfield Renewable to Host Second Quarter 2025 Results Conference Call
BROOKFIELD, News, June 30, 2025 (GLOBE NEWSWIRE) -- Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEPC) ('Brookfield Renewable') will hold its Second Quarter 2025 Conference Call and Webcast on Friday, August 1, 2025 at 9:00 a.m. ET to discuss results and business initiatives. Results will be released on Friday, August 1, 2025 at approximately 7:00 a.m. ET and will be available on our website at under 'Press Releases'. Participants can join by conference call or webcast: Conference Call Please pre-register for conference call by clicking: BEP 2025 Q2 Conference Call Upon registering, you will be emailed a dial-in number and unique PIN. This process will bypass the operator and avoid the queue. Webcast Please join and register for the webcast by clicking: BEP 2025 Q2 Webcast Brookfield Renewable Brookfield Renewable operates one of the world's largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar and storage facilities and our sustainable solutions assets include our investment in a leading global nuclear services business and a portfolio of investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity, among others. Investors can access the portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation. Further information is available at Brookfield Renewable is the flagship listed renewable power and transition company of Brookfield Asset Management, a leading global alternative asset manager headquartered in New York, with over $1 trillion of assets under management.
