Brookfield Renewable Partners (BEP.UN) Hits New 1-Year High at $42.06

Share on StockTwits

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$42.06 and last traded at C$42.01, with a volume of 56238 shares traded. The stock had previously closed at C$41.64.

Separately, Desjardins lifted their price target on shares of Brookfield Renewable Partners from C$42.50 to C$43.00 and gave the stock a “hold” rating in a research note on Monday, February 11th.

The company has a debt-to-equity ratio of 85.31, a quick ratio of 0.42 and a current ratio of 0.95. The firm has a market cap of $7.52 billion and a PE ratio of -164.41.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 29th will be paid a $0.515 dividend. This is a boost from Brookfield Renewable Partners’s previous quarterly dividend of $0.49. This represents a $2.06 dividend on an annualized basis and a dividend yield of 4.89%. The ex-dividend date of this dividend is Wednesday, February 27th. Brookfield Renewable Partners’s dividend payout ratio (DPR) is presently -1,042.97%.

TRADEMARK VIOLATION WARNING: This news story was first posted by Week Herald and is the property of of Week Herald. If you are viewing this news story on another site, it was copied illegally and reposted in violation of international copyright & trademark law. The correct version of this news story can be read at https://weekherald.com/2019/03/15/brookfield-renewable-partners-bep-un-hits-new-1-year-high-at-42-06.html.

Brookfield Renewable Partners Company Profile (TSE:BEP.UN)

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.

Featured Article: What is a Backdoor Roth IRA?

Receive News & Ratings for Brookfield Renewable Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Renewable Partners and related companies with MarketBeat.com's FREE daily email newsletter.