Brookfield Renewable Partners' Preference Shares, Series 1, Cross 4% Yield Mark

In trading on Thursday, shares of Brookfield Renewable Partners LP's Class A Preference Shares, Series 1 (TSX: BRF-PRA.TO) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.7843), with shares changing hands as low as $19.58 on the day. As of last close, BRF.PRA was trading at a 21.40% discount to its liquidation preference amount. It should be noted that the preferred shares are convertible.

The chart below shows the one year performance of BRF.PRA shares, versus BEP.UN:

Performance Comparison Chart

Below is a dividend history chart for BRF.PRA, showing historical dividend payments on Brookfield Renewable Partners LP's Class A Preference Shares, Series 1:

BRF.PRA+Dividend+History+Chart

In Thursday trading, Brookfield Renewable Partners LP's Class A Preference Shares, Series 1 (TSX: BRF-PRA.TO) is currently off about 0.4% on the day, while the common shares (TSX: BEP-UN.TO) are up about 0.8%.

Click here to find out which 9 other Canadian dividend stocks just recently went ''on sale'' and crossed into new yield territory »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.