Brookfield Renewable Partners LP (TSE:BEP.UN – Get Free Report) (NYSE:BEP)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$33.63 and traded as high as C$36.02. Brookfield Renewable Partners shares last traded at C$33.85, with a volume of 371,059 shares.
Wall Street Analyst Weigh In
Separately, Desjardins lifted their target price on Brookfield Renewable Partners from C$38.00 to C$40.00 and gave the stock a “hold” rating in a report on Thursday, June 6th.
View Our Latest Stock Report on Brookfield Renewable Partners
Brookfield Renewable Partners Stock Down 5.6 %
Brookfield Renewable Partners Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 28th were paid a dividend of $0.355 per share. The ex-dividend date was Friday, May 31st. This represents a $1.42 annualized dividend and a yield of 4.19%. Brookfield Renewable Partners’s dividend payout ratio (DPR) is currently -307.94%.
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
- How to Invest in Insurance Companies: A GuideĀ
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- Compound Interest and Why It Matters When Investing
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- What Is WallStreetBets and What Stocks Are They Targeting?
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
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.