|Bid||49.23 x N/A|
|Ask||49.24 x N/A|
|Day's Range||49.09 - 49.87|
|52 Week Range||33.32 - 49.87|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||112.77|
|Forward Dividend & Yield||2.71 (5.52%)|
|1y Target Est||35.21|
For tax reasons, most limited partnership stocks don't belong in retirement accounts. Here are two notable exceptions.
Brookfield Renewable Partners delivered strong second-quarter results, as well as excellent progress on its strategic plan.
NYSE: BEP) (“Brookfield Renewable”) today announced that after having taken into account all election notices received by the July 16, 2019 deadline for conversion of Brookfield Renewable Power Preferred Equity Inc.’s (“BRP Equity”) currently outstanding Class A Preference Shares, Series 3 (the “Series 3 Shares”) (TSX: BRF.PR.C) into Class A Preference Shares, Series 4 (the “Series 4 Shares”), no Series 3 Shares will be converted into Series 4 Shares. As announced by Brookfield Renewable on July 2, 2019, after July 31, 2019, holders of the Series 3 Shares will be entitled to receive fixed quarterly dividends, as and when declared by the board of directors of BRP Equity. Brookfield Renewable Partners operates one of the world’s largest publicly traded, pure-play renewable power platforms.
Brookfield Renewable Partners' investment in a fast-growing solar company will give it a bit more power to increase its high-yielding payout.
All amounts in US dollars unless otherwise indicated BROOKFIELD, News, July 05, 2019 -- Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable”).
Date: Wednesday, July 31, 2019Time: 9:00 a.m. (Eastern Time) BROOKFIELD, NEWS, July 04, 2019 -- You are invited to participate in Brookfield Renewable Partners’ (TSX: BEP.UN;.
NYSE: BEP) together with its institutional partners (“Brookfield Renewable”) and KKR today announced a definitive agreement to form a 50/50 joint venture for X-Elio. Brookfield Renewable and KKR will hold joint governance of the X-Elio board. As part of the transaction, Brookfield Renewable will acquire Acek’s 20% stake and 30% of KKR’s stake in X-Elio for a total commitment in the range of $500 million.
NYSE: BEP) (“Brookfield Renewable”) today announced that Brookfield Renewable Power Preferred Equity Inc. (“BRP Equity”) has determined the fixed dividend rate on its Class A Preference Shares, Series 3 (“Series 3 Shares”) (TSX: BRF.PR.C) for the five years commencing August 1, 2019 and ending July 31, 2024. Holders of Series 3 Shares have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on July 16, 2019, to convert all or part of their Series 3 Shares, on a one-for-one basis, into Class A Preference Shares, Series 4 (the “Series 4 Shares”), effective July 31, 2019. The actual quarterly dividend rate in respect of the August 1, 2019 to October 31, 2019 dividend period for the Series 4 Shares will be 1.15970% (4.601% on an annualized basis) and the dividend, if declared, for such dividend period will be $0.289925 per share, payable on October 31, 2019.