Brookfield Renewable Corporation
BEPCUtilities · Stock · quarterly payer
Forward Yield
5.00%
Annual Dividend
$1.57
Payout Ratio
108%
5-Yr Growth
5.2%
Ex-Date
Aug 31, 2026
Frequency
Quarterly
Summary
As of September 2026, Brookfield Renewable Corporation (BEPC) yields 5.00% ($1.57 per share annually), with a blended fair-value estimate of $17.37 — -46% downside, so it screens as overvalued. Dividend safety grade: B (67/100). 5 years of dividend growth.
Is BEPC a good dividend stock?
Yes, with caveatsBrookfield Renewable Corporation (BEPC) pays a quarterly dividend yielding 5.00% ($1.57/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Strong 5.2% 5-yr dividend growth
Risks
- Elevated payout ratio (108%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.00%
- Payout Ratio
- 108%
- Annual Dividend
- $1.57
- 5-Yr Avg Growth
- 5.2%
- Ex-Dividend Date
- Aug 31, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 1.17
- Market Cap
- $5.8B
- P/E Ratio
- —
- 5-Yr Total Return
- -17%
- 52-Week Range
- $31.82 – $45.18
- Dividend Safety
- B · 67/100
- Ever Cut?
- No
Frequently Asked Questions
BEPC Price — Last 12 Months
Daily close
Price Return
1 Year
-6%
3 Years
+35%
5 Years
-17%
52-Week Range
$31.82 – $45.18
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BEPC worth?
Overvaluedlow confidenceOur blended fair-value estimate for Brookfield Renewable Corporation is $17.37 per share, versus a market price of $32.29. That implies 46% of downside.
Fair Value
$17.37
Current Price
$32.29
Downside
-46%
Margin of Safety
-86%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.1% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, -$20.80 EPS, $1.57 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BEPC Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 31, 2026 | — | $0.3920 | regular |
| May 29, 2026 | — | $0.3920 | regular |
| Feb 27, 2026 | — | $0.3920 | regular |
| Nov 28, 2025 | — | $0.3730 | regular |
| Aug 29, 2025 | — | $0.3730 | regular |
| May 30, 2025 | — | $0.3730 | regular |
| Feb 28, 2025 | — | $0.3730 | regular |
| Nov 29, 2024 | — | $0.3550 | regular |
| Aug 30, 2024 | — | $0.3550 | regular |
| May 31, 2024 | — | $0.3550 | regular |
| Feb 28, 2024 | — | $0.3550 | regular |
| Nov 29, 2023 | — | $0.3380 | regular |
| Aug 30, 2023 | — | $0.3380 | regular |
| May 30, 2023 | — | $0.3380 | regular |
Income Calculator
At $1.57 / yr per share
