Brookfield Renewable Partners (TSE:BEP.UN) Reaches New 1-Year High – Time to Buy?

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) shares reached a new 52-week high on Wednesday . The stock traded as high as C$48.66 and last traded at C$38.81, with a volume of 175811 shares trading hands. The stock had previously closed at C$39.00.

Brookfield Renewable Partners Stock Up 0.2 %

The firm’s 50-day simple moving average is C$35.31 and its 200-day simple moving average is C$34.54. 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 company has a market capitalization of C$10.98 billion, a price-to-earnings ratio of -44.30, a price-to-earnings-growth ratio of 8.53 and a beta of 0.89.

Brookfield Renewable Partners Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 27th were paid a $0.355 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 3.69%. Brookfield Renewable Partners’s payout ratio is -219.54%.

Insider Activity

In other Brookfield Renewable Partners news, Director Nancy Patricia Dorn purchased 1,728 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The stock was purchased at an average price of C$39.06 per share, with a total value of C$67,498.17.

Brookfield Renewable Partners Company Profile

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.