Brookfield Renewable Partners LP (TSE:BEP.UN) Plans Quarterly Dividend of $0.39

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) declared a quarterly dividend on Friday, May 29th, TickerTech Dividends reports. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.392 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, May 29th.

Brookfield Renewable Partners Stock Performance

TSE BEP.UN opened at C$50.99 on Wednesday. The business’s 50 day moving average price is C$46.08 and its 200-day moving average price is C$42.23. Brookfield Renewable Partners has a fifty-two week low of C$32.25 and a fifty-two week high of C$51.25. The company has a debt-to-equity ratio of 107.80, a quick ratio of 0.45 and a current ratio of 0.52. The company has a market cap of C$15.46 billion, a P/E ratio of -169.97, a P/E/G ratio of 8.53 and a beta of 1.06.

Brookfield Renewable Partners (TSE:BEP.UN) (NYSE:BEP) last posted its quarterly earnings data on Saturday, May 2nd. The company reported C($0.56) earnings per share (EPS) for the quarter. Brookfield Renewable Partners had a negative net margin of 4.20% and a positive return on equity of 0.46%. The business had revenue of C$2.10 billion for the quarter. Sell-side analysts predict that Brookfield Renewable Partners will post 0.1012093 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Desjardins boosted their price objective on Brookfield Renewable Partners from C$45.00 to C$48.00 and gave the company a “hold” rating in a report on Friday, April 24th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Brookfield Renewable Partners presently has a consensus rating of “Moderate Buy” and a consensus price target of C$41.50.

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. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.