Brookfield Renewable Partners LP (TSE:BEP.UN – Get Free Report) (NYSE:BEP)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$33.39 and traded as high as C$33.82. Brookfield Renewable Partners shares last traded at C$33.70, with a volume of 361,898 shares trading hands.
Analyst Ratings Changes
Separately, Desjardins upped their price target 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 Stock Report on Brookfield Renewable Partners
Brookfield Renewable Partners Stock Up 3.8 %
Brookfield Renewable Partners Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 27th will be given a dividend of $0.355 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a $1.42 annualized dividend and a yield of 4.21%. Brookfield Renewable Partners’s dividend payout ratio (DPR) is presently -230.59%.
Insider Buying and Selling at Brookfield Renewable Partners
In other news, Director Nancy Patricia Dorn bought 1,728 shares of the firm’s stock in a transaction on Monday, August 26th. The shares were bought at an average price of C$39.06 per share, for a total transaction 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.
Read More
- Five stocks we like better than Brookfield Renewable Partners
- What is Insider Trading? What You Can Learn from Insider Trading
- Why Dick’s Could Be a Slam Dunk for Your Investment Portfolio
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Introduction to Fibonacci Retracement Levels
- Want to Profit on the Downtrend? Downtrends, Explained.
- Top 3 Stocks to Outperform the S&P 500 in a Downturn
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.