Insider Buying: Brookfield Renewable Partners LP (TSE:BEP.UN) Director Acquires 10,000 Shares of Stock

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) Director Jeffrey Miles Blidner acquired 10,000 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were purchased at an average cost of C$31.78 per share, with a total value of C$317,800.00.

Brookfield Renewable Partners Price Performance

BEP.UN opened at C$31.50 on Wednesday. Brookfield Renewable Partners LP has a one year low of C$27.55 and a one year high of C$40.84. 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’s 50 day simple moving average is C$32.23 and its 200-day simple moving average is C$34.21. The stock has a market capitalization of C$8.98 billion, a P/E ratio of -36.21, a price-to-earnings-growth ratio of 8.53 and a beta of 0.89.

Brookfield Renewable Partners Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be paid a dividend of $0.373 per share. This is a boost from Brookfield Renewable Partners’s previous quarterly dividend of $0.36. This represents a $1.49 annualized dividend and a dividend yield of 4.74%. The ex-dividend date is Friday, February 28th. Brookfield Renewable Partners’s dividend payout ratio is -219.54%.

About Brookfield Renewable Partners

Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company’s portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals approximately 21 gigawatts of installed capacity.