Brookfield Renewable Partners L.P.
BEPUtilities · Utilities - Renewable · Stock · quarterly payer
Forward Yield
5.49%
Annual Dividend
$1.57
Payout Ratio
1427%
5-Yr Growth
5.2%
Ex-Date
Aug 31, 2026
Frequency
Quarterly
Key facts about BEP's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Brookfield Renewable Partners L.P. (BEP) has a forward dividend yield of 5.49%, based on an annual dividend of $1.57 per share and a share price of $28.56.
- As of Oct 27, 2026, BEP's dividend safety grade from SmarterDividends is C (64 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, Brookfield Renewable Partners L.P. (BEP) has raised its dividend for 11 consecutive years as of Oct 27, 2026.
- BEP has never cut its regular dividend in the payment history SmarterDividends has on record.
- BEP's most recent ex-dividend date was Aug 31, 2026, for a dividend of $0.39 per share.
- BEP's dividend has grown at an average rate of 5.2% a year over the past five years.
- As of Oct 27, 2026, BEP's 5.49% yield is 34% above its five-year average yield of 4.10%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for BEP is $26.39 per share, 8% below the $28.56 share price, so BEP screens as fairly valued.
- Brookfield Renewable Partners L.P. (BEP) pays its dividend quarterly, 4 times a year.
- Brookfield Renewable Partners L.P. (BEP) has raised its regular dividend 14 times and cut it 0 times across the 54 payments on record since 2013. Its most recent change was a 5.1% increase to $0.392 per share, going ex-dividend on Feb 27, 2026.
- Brookfield Renewable Partners L.P (BEP) has declared its first higher dividend of the year in February in 4 of the last 5 years; its most recent raise, 5.1%, was declared on Jan 30, 2026.
Cite this page
SmarterDividends, "BEP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/BEP
Summary
As of Oct 27, 2026, Brookfield Renewable Partners L.P. (BEP) yields 5.49% ($1.57 a year per share), has a dividend safety grade of C (64/100) and has 11 consecutive years of dividend increases on record.
Is BEP a good dividend stock?
Yes, with caveatsBrookfield Renewable Partners L.P. (BEP) pays a quarterly dividend yielding 5.49% ($1.57/yr), with 11 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- 11 consecutive years of dividend growth
- Never cut its dividend on record
- Strong 5.2% 5-yr dividend growth
Risks
- Elevated payout ratio (1427%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.49%
- Payout Ratio
- 1427%
- Annual Dividend
- $1.57
- 5-Yr Avg Growth
- 5.2%
- Ex-Dividend Date
- Aug 31, 2026
- Years of Growth
- 11
- Frequency
- quarterly
- Beta
- 0.98
- Market Cap
- $13.9B
- P/E Ratio
- —
- 5-Yr Total Return
- -21%
- 52-Week Range
- $26.30 – $38.12
- Dividend Safety
- C · 64/100
- Ever Cut?
- No
BEP dividend raises and cuts
Brookfield Renewable Partners L.P. (BEP) has raised its regular dividend 14 times and cut it 0 times across the 54 payments on record since 2013. Its most recent change was a 5.1% increase to $0.392 per share, going ex-dividend on Feb 27, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 27, 2026 | Raise | $0.373 → $0.392 | +5.1% |
| Feb 28, 2025 | Raise | $0.355 → $0.373 | +5.1% |
| Feb 28, 2024 | Raise | $0.338 → $0.355 | +5.0% |
| Feb 27, 2023 | Raise | $0.320 → $0.338 | +5.6% |
| Feb 25, 2022 | Raise | $0.304 → $0.320 | +5.3% |
| Feb 25, 2021 | Raise | $0.289 → $0.304 | +5.1% |
| Feb 27, 2020 | Raise | $0.274 → $0.289 | +5.4% |
| Feb 27, 2019 | Raise | $0.261 → $0.274 | +5.1% |
| Feb 27, 2018 | Raise | $0.249 → $0.261 | +4.7% |
| Feb 24, 2017 | Raise | $0.237 → $0.249 | +5.2% |
| Feb 25, 2016 | Raise | $0.221 → $0.237 | +7.2% |
| Feb 25, 2015 | Raise | $0.207 → $0.221 | +7.0% |
Show all 14 changes since 2013
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 28, 2014 | Raise | $0.193 → $0.207 | +6.9% |
| Dec 27, 2013 | Raise | $0.193 → $0.193 | +0.3% |
Frequently Asked Questions
Is BEP a good dividend stock?
Yes, with caveats. Brookfield Renewable Partners L.P. (BEP) pays a quarterly dividend yielding 5.49% ($1.57/yr), with 11 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is BEP undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BEP's fair value is about $26.39 versus a $28.56 share price — so it looks fairly valued (-8% vs. fair value).
Is BEP's dividend safe?
BEP has a dividend-safety grade of C (64/100), based on its payout coverage, free-cash-flow, 11-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is BEP's fair value?
Our blended fair-value estimate for BEP is about $26.39 per share, about 8% below the current $28.56 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is BEP a buy, hold, or sell?
We don't issue formal ratings, but on the data BEP screens as "yes, with caveats" and fairly valued. Brookfield Renewable Partners L.P. (BEP) pays a quarterly dividend yielding 5.49% ($1.57/yr), with 11 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will BEP cut its dividend?
BEP earns a dividend-safety grade of C (64/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does BEP pay a dividend?
Yes. Brookfield Renewable Partners L.P. pays a quarterly dividend of about $1.57 per share annually, a forward yield of roughly 5.49%.
What is BEP's dividend yield?
As of Oct 27, 2026, BEP's forward dividend yield is 5.49%, based on a $1.57 annual dividend and a $28.56 share price.
What is BEP's dividend per share?
As of Oct 27, 2026, BEP pays $1.57 per share per year, distributed on a quarterly basis.
What is BEP's dividend payout ratio?
As of Oct 27, 2026, BEP's payout ratio is 1427% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has BEP grown its dividend?
As of Oct 27, 2026, BEP has increased its dividend for 11 consecutive years.
When is the next BEP ex-dividend date?
As of Oct 27, 2026, BEP's next ex-dividend date hasn't been announced. The most recent was Aug 31, 2026, for $0.39 per share.
BEP Price — Last 12 Months
Daily close
Price Return
1 Year
-1%
3 Years
+15%
5 Years
-21%
52-Week Range
$26.30 – $38.12
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BEP worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Brookfield Renewable Partners L.P. is $26.39 per share, versus a market price of $28.56. That implies the stock is roughly fairly priced.
Fair Value
$26.39
Current Price
$28.56
Gap
-8%
Margin of Safety
-8%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 23.3% annual free-cash-flow growth. We model 4.2% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.2% discount rate (CAPM), 4.2% growth for five years fading to 2.5% over the next five, -$0.44 EPS, $1.57 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BEP Dividend Safety Score
Borderline
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
Full BEP dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 31, 2026 | Sep 29, 2026 | $0.3920 | regular |
| May 29, 2026 | Jun 30, 2026 | $0.3920 | regular |
| Feb 27, 2026 | Mar 31, 2026 | $0.3920 | regular |
| May 30, 2025 | Jun 30, 2025 | $0.3730 | regular |
| Feb 28, 2025 | Mar 31, 2025 | $0.3730 | regular |
| Nov 29, 2024 | Dec 31, 2024 | $0.3550 | regular |
| Aug 30, 2024 | Sep 27, 2024 | $0.3550 | regular |
| May 31, 2024 | Jun 28, 2024 | $0.3550 | regular |
| Feb 28, 2024 | Mar 28, 2024 | $0.3550 | regular |
| Nov 29, 2023 | Dec 29, 2023 | $0.3380 | regular |
| Aug 30, 2023 | Sep 29, 2023 | $0.3380 | regular |
| May 30, 2023 | Jun 30, 2023 | $0.3380 | regular |
| Feb 27, 2023 | Mar 31, 2023 | $0.3380 | regular |
| Nov 29, 2022 | Dec 30, 2022 | $0.3200 | regular |
Income Calculator
At $1.57 / yr per share
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