Brookfield Renewable Announces Quarterly Dividend Rate on Its Series 2 Preference Shares
April 01 2019 - 5:00PM
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 May 1, 2019 to July 31,
2019 dividend period will be 1.07678% (4.272% on an annualized
basis) and the dividend, if declared, for such dividend period will
be $0.269195 per share, payable on July 31, 2019.
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 over 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. Further information is
available at https://bep.brookfield.com. Important information may
be disseminated exclusively via the website; investors should
consult the site to access this information.
Brookfield Renewable is the flagship listed
renewable power company of Brookfield Asset Management, a leading
global alternative asset manager with over $350 billion of assets
under management.
Contact information:
Media:
Claire Holland
Vice President –
Communications(416) 369-8236
claire.holland@brookfield.com |
Investors:Divya
BiyaniDirector – Investor
Relations(416)
369-2616divya.biyani@brookfield.com |
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