Brookfield Renewable Partners (TSE:BEP.UN) Stock Passes Above Two Hundred Day Moving Average - Here's What Happened

Brookfield Renewable Partners LP (TSE:BEP.UN - Get Free Report) NYSE: BEP shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$34.03 and traded as high as C$34.14. Brookfield Renewable Partners shares last traded at C$34.13, with a volume of 530,412 shares changing hands.

Brookfield Renewable Partners Trading Down 1.1 %

The company has a quick ratio of 0.45, a current ratio of 0.52 and a debt-to-equity ratio of 107.80. The firm has a market capitalization of C$9.62 billion, a price-to-earnings ratio of -38.80, a P/E/G ratio of 8.53 and a beta of 0.89. The business has a 50-day moving average of C$31.82 and a two-hundred day moving average of C$34.05.

Brookfield Renewable Partners Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be issued a dividend of $0.373 per share. This represents a $1.49 dividend on an annualized basis and a dividend yield of 4.42%. This is an increase from Brookfield Renewable Partners's previous quarterly dividend of $0.36. The ex-dividend date is Friday, February 28th. Brookfield Renewable Partners's dividend payout ratio (DPR) is presently -219.54%.

Insider Buying and Selling

In other news, Director Jeffrey Miles Blidner acquired 10,000 shares of the firm's stock in a transaction on 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 Company Profile

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.