Brookfield Renewable (TSE:BEPC) Stock Price Down 0.1% – What’s Next?

Brookfield Renewable Co. (TSE:BEPC) traded down 0.1% during trading on Wednesday . The stock traded as low as C$50.54 and last traded at C$50.82. 273,003 shares were traded during mid-day trading, a decline of 5% from the average session volume of 288,298 shares. The stock had previously closed at C$50.85.

Brookfield Renewable Stock Performance

The company has a market cap of C$9.27 billion, a PE ratio of -2.03, a price-to-earnings-growth ratio of 0.84 and a beta of 1.13. The firm’s fifty day moving average is C$53.61 and its 200 day moving average is C$54.78. The company has a current ratio of 0.33, a quick ratio of 0.19 and a debt-to-equity ratio of -570.82.

Brookfield Renewable (TSE:BEPC) last issued its quarterly earnings results on Friday, February 27th. The company reported C($1.89) EPS for the quarter. Brookfield Renewable had a positive return on equity of 520.67% and a negative net margin of 127.72%.The company had revenue of C$938.00 million during the quarter. As a group, research analysts predict that Brookfield Renewable Co. will post 2.8461008 EPS for the current fiscal year.

Brookfield Renewable Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.392 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.57 dividend on an annualized basis and a dividend yield of 3.1%. 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.