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Brookfield Renewable Partners (TSE:BEP.UN) Shares Cross Above 200-Day Moving Average - What's Next?

Brookfield Renewable Partners logo with Utilities background

Shares of Brookfield Renewable Partners LP (TSE:BEP.UN - Get Free Report) NYSE: BEP passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$34.21 and traded as high as C$36.43. Brookfield Renewable Partners shares last traded at C$35.53, with a volume of 249,358 shares changing hands.

Brookfield Renewable Partners Price Performance

The stock has a market cap of C$11.09 billion, a PE ratio of -45.79, a P/E/G 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. The business has a 50 day moving average price of C$34.75 and a two-hundred day moving average price of C$34.27.

Brookfield Renewable Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 27th were issued a dividend of $0.355 per share. The ex-dividend date was Friday, August 30th. This represents a $1.42 dividend on an annualized basis and a yield of 3.65%. Brookfield Renewable Partners's dividend payout ratio (DPR) is presently -224.71%.

Insider Activity

In other news, Director Nancy Patricia Dorn bought 1,728 shares of the firm's stock in a transaction on Monday, August 26th. The stock was acquired at an average cost of C$39.06 per share, with a total value of C$67,498.17.

About Brookfield Renewable Partners

(Get Free Report)

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities in the North America, Colombia, Brazil, Europe, and internationally. The company operates through Hydroelectric; Wind; and Solar, Storage, and others segments. It operates 840 generation facilities using hydro, solar, wind, biomass, and other renewable technologies.

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