Brookfield Renewable Partners LP (BEP.UN) Declares $0.49 Quarterly Dividend
Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) announced a quarterly dividend on Thursday, August 30th, TickerTech reports. Stockholders of record on Friday, September 28th will be paid a dividend of 0.49 per share on Friday, September 28th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.72%. The ex-dividend date is Thursday, August 30th.
Shares of BEP.UN traded up C$0.07 during trading hours on Friday, reaching C$41.52. 80,687 shares of the company traded hands, compared to its average volume of 152,890. Brookfield Renewable Partners has a 12-month low of C$37.78 and a 12-month high of C$45.47.
A number of research firms recently issued reports on BEP.UN. National Bank Financial decreased their target price on shares of Brookfield Renewable Partners from C$35.00 to C$33.50 and set a “sector perform” rating for the company in a research report on Friday, July 27th. Desjardins boosted their target price on shares of Brookfield Renewable Partners from C$43.50 to C$43.75 in a research report on Tuesday, June 12th.
Brookfield Renewable Partners L.P., formerly Brookfield Renewable Energy Partners L.P., is the owner and operator of a portfolio of assets that generate electricity from renewable resources. The Company operates as a pure-play renewable power platform. Its segments include Hydroelectric, Wind, Other and Corporate.
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