Brookfield Renewable Partners (TSE:BEP.UN) Sets New 1-Year Low at $29.54

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$29.54 and last traded at C$27.70, with a volume of 168172 shares changing hands. The stock had previously closed at C$28.26.

Brookfield Renewable Partners Stock Performance

The business’s 50 day simple moving average is C$30.93 and its two-hundred day simple moving average is C$32.31. The firm has a market capitalization of C$8.00 billion, a PE ratio of -64.84, a price-to-earnings-growth ratio of 8.53 and a beta of 0.79. The company has a current ratio of 0.57, a quick ratio of 0.45 and a debt-to-equity ratio of 101.64.

Brookfield Renewable Partners Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 28th were given a $0.355 dividend. This is a positive change from Brookfield Renewable Partners’s previous quarterly dividend of $0.34. This represents a $1.42 dividend on an annualized basis and a dividend yield of 5.09%. The ex-dividend date was Wednesday, February 28th. Brookfield Renewable Partners’s dividend payout ratio is presently -448.84%.

About Brookfield Renewable Partners

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.