Brookfield Renewable Partners (TSE:BEP.UN) Share Price Passes Above 200-Day Moving Average - Here's Why

Brookfield Renewable Partners LP (TSE:BEP.UN - Get Free Report) NYSE: BEP passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$32.40 and traded as high as C$35.86. Brookfield Renewable Partners shares last traded at C$35.44, with a volume of 183,454 shares trading hands.

Brookfield Renewable Partners Stock Performance

The stock has a market capitalization of C$10.14 billion, a P/E ratio of -40.90, a PEG ratio of 8.53 and a beta of 0.89. 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 company has a 50-day moving average price of C$31.99 and a two-hundred day moving average price of C$32.40.

Brookfield Renewable Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 30th will be paid a dividend of $0.373 per share. This represents a $1.49 annualized dividend and a yield of 4.19%. The ex-dividend date of this dividend is Friday, May 30th. Brookfield Renewable Partners's dividend payout ratio is -219.54%.

Insider Activity

In other Brookfield Renewable Partners news, Senior Officer Nancy Patricia Dorn purchased 2,470 shares of the firm's stock in a transaction on Tuesday, May 20th. The shares were purchased at an average cost of C$42.52 per share, with a total value of C$105,028.80.

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.