Brookfield Renewable Partners (TSE:BEP.UN) Reaches New 12-Month High – Here’s What Happened

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as C$48.66 and last traded at C$38.81, with a volume of 175811 shares traded. The stock had previously closed at C$39.00.

Brookfield Renewable Partners Stock Up 0.2 %

The firm’s 50-day simple moving average is C$35.31 and its two-hundred day simple moving average is C$34.54. The stock has a market cap of C$10.98 billion, a price-to-earnings ratio of -44.30, a PEG ratio of 8.53 and a beta of 0.89. The company has a debt-to-equity ratio of 107.80, a quick ratio of 0.45 and a current ratio of 0.52.

Brookfield Renewable Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 27th were issued a dividend of $0.355 per share. This represents a $1.42 annualized dividend and a yield of 3.69%. The ex-dividend date was Friday, August 30th. Brookfield Renewable Partners’s dividend payout ratio is -219.54%.

Insider Activity

In related news, Director Nancy Patricia Dorn bought 1,728 shares of the business’s stock in a transaction on Monday, August 26th. The shares were purchased at an average price of C$39.06 per share, with a total value of C$67,498.17.

About Brookfield Renewable Partners

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.