Brookfield Renewable Partners LP (BEP.UN) to Issue Quarterly Dividend of $0.36 on June 28th

Brookfield Renewable Partners LP (TSE:BEP.UNGet Free Report) (NYSE:BEP) declared a quarterly dividend on Friday, May 31st, TickerTech reports. Shareholders of record on Friday, June 28th will be given a dividend of 0.355 per share on Friday, June 28th. This represents a $1.42 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date of this dividend is Friday, May 31st.

Brookfield Renewable Partners Stock Down 2.8 %

Shares of TSE BEP.UN traded down C$1.06 during mid-day trading on Wednesday, hitting C$36.77. The company had a trading volume of 105,819 shares, compared to its average volume of 288,213. The company has a market capitalization of C$10.52 billion, a PE ratio of -58.78, a price-to-earnings-growth ratio of 8.53 and a beta of 0.81. The firm has a 50-day simple moving average of C$32.87 and a two-hundred day simple moving average of C$33.32. The company has a current ratio of 0.56, a quick ratio of 0.45 and a debt-to-equity ratio of 100.62. Brookfield Renewable Partners has a one year low of C$27.43 and a one year high of C$43.04.

Wall Street Analyst Weigh In

Separately, Desjardins boosted their price objective on Brookfield Renewable Partners from C$37.00 to C$38.00 and gave the stock a “hold” rating in a report on Monday, May 6th.

Read Our Latest Report on Brookfield Renewable Partners

About Brookfield Renewable Partners

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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.

See Also

Dividend History for Brookfield Renewable Partners (TSE:BEP.UN)

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