Brookfield Renewable Partners LP (TSE:BEP.UN – Get Free Report) NYSE: BEP‘s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$33.64 and traded as high as C$34.04. Brookfield Renewable Partners shares last traded at C$33.51, with a volume of 404,422 shares changing hands.
Analyst Ratings Changes
Separately, Desjardins boosted their price objective on shares of Brookfield Renewable Partners from C$38.00 to C$40.00 and gave the company a “hold” rating in a research report on Thursday, June 6th.
Get Our Latest Research Report on Brookfield Renewable Partners
Brookfield Renewable Partners Trading Down 0.8 %
The business’s 50-day simple moving average is C$34.79 and its two-hundred day simple moving average is C$33.64. The stock has a market capitalization of C$9.59 billion, a price-to-earnings ratio of -53.19, a PEG ratio of 8.53 and a beta of 0.81. The company has a debt-to-equity ratio of 100.62, a current ratio of 0.56 and a quick ratio of 0.45.
Brookfield Renewable Partners Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 28th will be given a dividend of $0.355 per share. This represents a $1.42 annualized dividend and a yield of 4.24%. The ex-dividend date of this dividend is Friday, May 31st. Brookfield Renewable Partners’s dividend payout ratio (DPR) is presently -307.94%.
Brookfield Renewable Partners Company Profile
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.
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