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

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) announced a quarterly dividend on Friday, February 28th, TickerTech Dividends reports. Shareholders 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 yield of 4.42%. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change 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$0.62 during trading hours on Wednesday, reaching C$33.74. The company had a trading volume of 53,701 shares, compared to its average volume of 416,428. The firm has a market cap of C$9.62 billion, a PE ratio of -38.78, a price-to-earnings-growth ratio of 8.53 and a beta of 0.89. Brookfield Renewable Partners has a one year low of C$27.55 and a one year high of C$40.84. The company has a debt-to-equity ratio of 107.80, a current ratio of 0.52 and a quick ratio of 0.45. The business has a fifty day simple moving average of C$31.90 and a 200 day simple moving average of C$34.11.

Insiders Place Their Bets

In other news, Director Jeffrey Miles Blidner purchased 10,000 shares of the business’s stock in a transaction on Monday, February 10th. The stock was purchased at an average cost of C$31.78 per share, with a total value 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.