Brookfield Renewable Announces Quarterly Dividend Rate on Its Series 2 Preference Shares
July 02 2019 - 5:02PM
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, 2019 to October
31, 2019 dividend period will be 1.07905% (4.281% on an annualized
basis) and the dividend, if declared, for such dividend period will
be $0.269763 per share, payable on October 31, 2019.
The Series 2 Shares are listed on the TSX under
the trading symbol “BRF.PR.B”.
Brookfield Renewable
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 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 its 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 $365 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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