Insider Buying: Brookfield Renewable Partners LP (TSE:BEP.UN) Director Buys C$317,800.00 in Stock

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) Director Jeffrey Miles Blidner acquired 10,000 shares of the stock in a transaction dated Monday, February 10th. The stock was acquired at an average cost of C$31.78 per share, with a total value of C$317,800.00.

Brookfield Renewable Partners Stock Performance

BEP.UN stock opened at C$31.75 on Thursday. The stock has a 50-day moving average price of C$32.16 and a 200-day moving average price of C$34.19. Brookfield Renewable Partners LP has a 1-year low of C$27.55 and a 1-year high of C$40.84. The company has a current ratio of 0.52, a quick ratio of 0.45 and a debt-to-equity ratio of 107.80. The firm has a market cap of C$9.05 billion, a PE ratio of -36.49, a price-to-earnings-growth ratio of 8.53 and a beta of 0.89.

Brookfield Renewable Partners Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be given a $0.373 dividend. The ex-dividend date is Friday, February 28th. This is a positive change from Brookfield Renewable Partners’s previous quarterly dividend of $0.36. This represents a $1.49 annualized dividend and a dividend yield of 4.70%. Brookfield Renewable Partners’s dividend payout ratio (DPR) is -219.54%.

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.