Brookfield Renewable Partners LP (TSE:BEP.UN) Director Buys C$67,498.17 in Stock

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) Director Nancy Patricia Dorn bought 1,728 shares of the company’s stock in a transaction dated 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.

Brookfield Renewable Partners Trading Up 0.1 %

TSE:BEP.UN traded up C$0.04 during mid-day trading on Wednesday, reaching C$33.77. 325,535 shares of the company’s stock traded hands, compared to its average volume of 291,479. Brookfield Renewable Partners LP has a 12-month low of C$27.43 and a 12-month high of C$39.85. The firm has a market capitalization of C$9.63 billion, a price-to-earnings ratio of -38.82, a PEG ratio of 8.53 and a beta of 0.87. 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 company has a 50 day moving average price of C$34.09 and a 200-day moving average price of C$33.36.

Brookfield Renewable Partners Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 27th will be issued a dividend of $0.355 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a $1.42 dividend on an annualized basis and a yield of 4.20%. Brookfield Renewable Partners’s dividend payout ratio is presently -225.29%.

Analyst Upgrades and Downgrades

Separately, Desjardins boosted their price target on Brookfield Renewable Partners from C$38.00 to C$40.00 and gave the company a “hold” rating in a report on Thursday, June 6th.

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.