Brookfield Renewable (TSE:BEPC) Stock Price Up 1.2% – What’s Next?

Shares of Brookfield Renewable Co. (TSE:BEPC) shot up 1.2% during mid-day trading on Wednesday . The stock traded as high as C$51.22 and last traded at C$50.91. 344,833 shares traded hands during trading, an increase of 19% from the average daily volume of 289,920 shares. The stock had previously closed at C$50.29.

Brookfield Renewable Price Performance

The company has a quick ratio of 0.18, a current ratio of 0.33 and a debt-to-equity ratio of -570.82. The company has a market cap of C$9.29 billion, a price-to-earnings ratio of -2.03, a price-to-earnings-growth ratio of 0.84 and a beta of 1.21. The company has a fifty day simple moving average of C$52.15 and a two-hundred day simple moving average of C$54.58.

Brookfield Renewable Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were paid a $0.392 dividend. This represents a $1.57 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Friday, May 29th. Brookfield Renewable’s dividend payout ratio is presently -6.03%.

About Brookfield Renewable

Brookfield operates Brookfield Renewable Partners (NYSE: BEP, BEPC TSX: BEP.UN, BEPC), one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar and storage facilities and our sustainable solutions assets include our investment in a leading global nuclear services business and a portfolio of investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity, among others.