Brookfield Renewable Announces Quarterly Dividend Rate on Its Series 2 Preference Shares
July 03 2018 - 7:31PM
All amounts in Canadian dollars unless otherwise
stated
Brookfield Renewable Partners L.P. (TSX:BEP.UN) (NYSE:BEP)
(“
Brookfield Renewable”) today announced the
quarterly dividend on Brookfield Renewable Power Preferred Equity
Inc.’s floating-rate Class A Preference Shares, Series 2
(
“Series 2 Shares”).
The dividend is paid at an annual rate,
calculated for each quarter, of 2.62% over the annual yield on
three-month Government of Canada treasury bills. The actual
quarterly dividend rate in respect of the August 1, 2018 to October
31, 2018 dividend period will be 0.97470% (3.867% on an annualized
basis) and the dividend, if declared, for such dividend period will
be $0.243675 per share, payable on October 31, 2018.
The Series 2 Shares are listed on the TSX under
the trading symbol “BRF.PR.B”.
Brookfield Renewable
Partners
Brookfield Renewable Partners operates one of
the world’s largest publicly traded, pure-play renewable power
platforms. Our portfolio consists of hydroelectric, wind, solar and
storage facilities in North America, South America, Europe and
Asia, and totals more than 17,000 megawatts of installed capacity
and an 8,000 megawatt development pipeline. Brookfield Renewable is
listed on the New York and Toronto stock exchanges.
Brookfield Renewable is the flagship listed
renewable power company of Brookfield Asset Management, a leading
global alternative asset manager with over US$285 billion of assets
under management.
For more information, please contact:
Media:Claire Holland(416)
369-8236claire.holland@brookfield.com
Investors:Divya Biyani(416)
369-2616divya.biyani@brookfield.com
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