Brookfield Renewable Partners LP (TSE:BEP.UN) Raises Dividend to $0.37 Per Share

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) declared a quarterly dividend on Friday, February 28th, TickerTech Dividends reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.373 per share on Monday, March 31st. This represents a $1.49 dividend on an annualized basis and a dividend yield of 4.45%. The ex-dividend date of this dividend is Friday, February 28th. This is an increase from Brookfield Renewable Partners’s previous quarterly dividend of $0.36.

Brookfield Renewable Partners Stock Performance

Shares of Brookfield Renewable Partners stock traded up C$0.43 on Wednesday, reaching C$33.55. 35,400 shares of the stock were exchanged, compared to its average volume of 416,061. Brookfield Renewable Partners has a twelve month low of C$27.55 and a twelve month high of C$40.84. The business has a 50 day moving average price of C$31.90 and a two-hundred day moving average price of C$34.11. The company has a quick ratio of 0.45, a current ratio of 0.52 and a debt-to-equity ratio of 107.80. The firm has a market capitalization of C$9.56 billion, a price-to-earnings ratio of -38.56, a PEG ratio of 8.53 and a beta of 0.89.

Insider Activity

In other Brookfield Renewable Partners news, Director Jeffrey Miles Blidner bought 10,000 shares of the firm’s stock in a transaction dated Monday, February 10th. The shares were purchased at an average price of C$31.78 per share, for a total transaction of C$317,800.00.

Brookfield Renewable Partners Company Profile

Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company’s portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals approximately 21 gigawatts of installed capacity.