Brookfield Renewable Energy Partners LP (TSE:BEP) to Issue Quarterly Dividend of $0.49

Brookfield Renewable Energy Partners LP (TSE:BEP) announced a quarterly dividend on Friday, August 2nd, Zacks reports. Investors of record on Friday, August 30th will be given a dividend of 0.486 per share on Friday, September 27th. This represents a $1.94 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Friday, August 30th. This is a boost from Brookfield Renewable Energy Partners’s previous quarterly dividend of $0.48.

Brookfield Renewable Energy Partners Price Performance

Brookfield Renewable Energy Partners (TSE:BEP) last posted its quarterly earnings results on Friday, August 2nd. The company reported C($0.38) EPS for the quarter, missing analysts’ consensus estimates of C$0.18 by C($0.56). The company had revenue of C$1.14 billion during the quarter, compared to the consensus estimate of C$1.25 billion.

About Brookfield Renewable Energy Partners

Brookfield Renewable operates one of the world’s largest publicly traded, pure-play renewable power platforms. Its portfolio consists of hydroelectric, wind, solar and storage facilities in North America, South America, Europe and Asia, and totals approximately 20,000 megawatts of installed capacity and an approximately 23,000 megawatt development pipeline.