Brookfield Renewable Partners (TSE:BEP.UN) Reaches New 52-Week Low – What’s Next?

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) hit a new 52-week low during trading on Monday . The company traded as low as C$27.50 and last traded at C$28.05, with a volume of 99907 shares trading hands. The stock had previously closed at C$29.28.

Brookfield Renewable Partners Stock Up 7.0 %

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 business has a 50 day simple moving average of C$32.10 and a 200 day simple moving average of C$33.83. The stock has a market cap of C$8.77 billion, a PE ratio of -35.34, a P/E/G ratio of 8.53 and a beta of 0.89.

Brookfield Renewable Partners Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 31st were issued a $0.373 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.49 dividend on an annualized basis and a yield of 4.85%. This is an increase from Brookfield Renewable Partners’s previous quarterly dividend of $0.36. Brookfield Renewable Partners’s dividend payout ratio is currently -219.54%.

Insider Buying and Selling at Brookfield Renewable Partners

In related news, Director Jeffrey Miles Blidner acquired 10,000 shares of the stock in a transaction dated Monday, February 10th. The shares were acquired at an average price of C$31.78 per share, with a total value of C$317,800.00.

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.