Brookfield Renewable Corporation Plans Quarterly Dividend of $0.37 (NYSE:BEPC)

Brookfield Renewable Corporation (NYSE:BEPC) declared a quarterly dividend on Wednesday, November 5th. Investors of record on Friday, November 28th will be paid a dividend of 0.373 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Friday, November 28th.

Brookfield Renewable has a payout ratio of -827.8% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Brookfield Renewable Trading Down 1.9%

Brookfield Renewable stock opened at $42.91 on Thursday. The firm has a 50-day moving average of $37.11 and a 200-day moving average of $33.75. Brookfield Renewable has a one year low of $23.73 and a one year high of $44.71. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.27 and a quick ratio of 0.27. The company has a market cap of $6.22 billion, a price-to-earnings ratio of -48.21 and a beta of 1.29.

About Brookfield Renewable

Brookfield Renewable Corporation owns and operates a portfolio of renewable power and sustainable solution assets primarily in the United States, Europe, Colombia, and Brazil. It operates hydroelectric, wind, solar, and distributed energy and sustainable solutions with an installed capacity of approximately 19,161 megawatts.