5 Best Dividend Stocks to Buy According to Tiger Cub Rob Citrone

4. Brookfield Renewable Corporation (NYSE: BEPC)

Citrone’s Stake Value: $3,510,000
Percentage of Rob Citrone’s 13F Portfolio: 0.47%
Number of Hedge Fund Holders: N/A
Dividend Yield: 2.89%

Brookfield Renewable Corporation (NYSE: BEPC) is a renewable utility company owning and operating a portfolio of renewable energy generating facilities. The company mostly operates in North America, Europe, Colombia, and Brazil, and works with hydroelectric, wind, and solar power plants. It ranks 4th on our list of the best dividend stocks to buy according to Tiger Cub Rob Citrone.

This April, NextEra Energy Partners entered into an acquisition agreement with Brookfield Renewable Corporation (NYSE: BEPC) to buy a 391 MW portfolio of four wind assets in California and New Hampshire from the latter. The deal is valued at $733 million. Brookfield Renewable Corporation (NYSE: BEPC) was upgraded to Overweight this April by Wells Fargo. The company’s EPS is -$16.22 and it has an $853 million revenue in the first quarter of 2021.