5 Best Dividend Stocks to Buy for Long-Term Gains

3. Brookfield Renewable Partners L.P. (NYSE: BEP)

Forward Dividend Yield: 3.02%
Number of Hedge Fund Holders: 24

Ranked 3rd on our list is Brookfield Renewable Partners L.P. (NYSE: BEP), a publicly-traded limited partnership. The company owns and manages renewable power assets, with headquarters in Toronto, Ontario, Canada. It is 60% owned by Brookfield Asset Management.

Last month, Brookfield Renewable Partners L.P. (NYSE: BEP) announced robust financial records according to its Q1’21 report. The company’s revenue stood at $1.02 billion. Brookfield Renewable Partners L.P. (NYSE: BEP) also recently signed around 29 agreements for 2300 GWh of renewable energy generation. The agreements were signed with major players in all essential industries.