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

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) Director Jeffrey Miles Blidner acquired 10,000 shares of Brookfield Renewable Partners 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.

Brookfield Renewable Partners Price Performance

BEP.UN stock opened at C$31.75 on Thursday. The company has a market capitalization of C$9.05 billion, a P/E ratio of -36.49, a price-to-earnings-growth ratio of 8.53 and a beta of 0.89. The company has a debt-to-equity ratio of 107.80, a quick ratio of 0.45 and a current ratio of 0.52. Brookfield Renewable Partners LP has a 52-week low of C$27.55 and a 52-week high of C$40.84. The business has a 50-day simple moving average of C$32.16 and a two-hundred day simple moving average of C$34.19.

Brookfield Renewable Partners Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 31st will be paid a dividend of $0.373 per share. The ex-dividend date is Friday, February 28th. This represents a $1.49 dividend on an annualized basis and a yield of 4.70%. This is an increase from Brookfield Renewable Partners’s previous quarterly dividend of $0.36. Brookfield Renewable Partners’s 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.