Brookfield Renewable Partners LP (TSE:BEP.UN – Get Free Report) (NYSE:BEP) shares reached a new 52-week high during trading on Monday . The stock traded as high as C$44.75 and last traded at C$38.16, with a volume of 53371 shares traded. The stock had previously closed at C$38.20.
Wall Street Analyst Weigh In
Separately, Desjardins raised their price objective on Brookfield Renewable Partners from C$38.00 to C$40.00 and gave the company a “hold” rating in a research note on Thursday, June 6th.
Get Our Latest Stock Analysis on Brookfield Renewable Partners
Brookfield Renewable Partners Price Performance
Brookfield Renewable Partners Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 27th were issued a $0.355 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $1.42 annualized dividend and a dividend yield of 3.75%. Brookfield Renewable Partners’s payout ratio is -223.26%.
Insider Buying and Selling
In related news, Director Nancy Patricia Dorn purchased 1,728 shares of the business’s stock in a transaction dated Monday, August 26th. The shares were acquired at an average cost 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.
Recommended Stories
- Five stocks we like better than Brookfield Renewable Partners
- What to Know About Investing in Penny Stocks
- TJX Stock: A Buying Opportunity Before the Holiday Rush
- Using the MarketBeat Dividend Yield Calculator
- Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth
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.