Friday, January 17, 2020

Dividend raise: Brookfield Renewable Partner (+5,3%)

My 3rd dividend raise of 2020! A few days ago Brookfields Renewable Partners (BEP) announced a raise in their quarterly dividend from $0,515 to $0,5425. For a stock that is yielding 4,7% this is a solid increase of more than 5%. This raise adds a roughly € 2,50 to my annual dividend income! It's actually my first dividend raise from BEP.

So far this is my third dividend raise. Last year I received 21 dividend raises in 2019. These raises combined have added around € 60 to my forward annual dividend income. In 2020 my dividend income has increased by over € 4 already. Of course I expect more raises during the rest of 2020. I'll keep you updated!

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