Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) announced a quarterly dividend on Thursday, November 28th, TickerTech reports. Stockholders of record on Tuesday, December 31st will be paid a dividend of 0.515 per share on Tuesday, December 31st. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date is Thursday, November 28th.
BEP.UN stock traded up C$0.58 during trading on Wednesday, reaching C$61.81. 173,774 shares of the stock traded hands, compared to its average volume of 152,890. The business’s 50 day moving average price is C$56.85 and its 200-day moving average price is C$49.62. Brookfield Renewable Partners has a 52-week low of C$33.32 and a 52-week high of C$61.00. The company has a debt-to-equity ratio of 64.79, a current ratio of 1.22 and a quick ratio of 0.56. The firm has a market capitalization of $11.05 billion and a PE ratio of 137.36.
Separately, National Bank Financial boosted their price target on Brookfield Renewable Partners from C$41.00 to C$42.50 and gave the stock a “sector perform” rating in a research note on Tuesday, November 12th.
Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities in the North America, Colombia, Brazil, Europe, and internationally. The company operates through Hydroelectric; Wind; and Solar, Storage, and others segments. It operates 840 generation facilities using hydro, solar, wind, biomass, and other renewable technologies.
Featured Story: Quantitative Easing
Receive News & Ratings for Brookfield Renewable Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Renewable Partners and related companies with MarketBeat.com's FREE daily email newsletter.