Brookfield Renewable Partners’ Series 3 Preferred Shares Yield Over 7.5%

On Monday, Brookfield Renewable Partners LP’s Class A Preference Shares, Series 3 (TSX: BRF-PRC.TO) yielded more than 7.5% based on its quarterly dividend, which annualizes to $1.6298. Shares traded as low as $21.25 during the session. Notably, BRF.PRC was seen trading at a 12.28% discount to its liquidation preference amount at the previous close. Additionally, these preferred shares are convertible.

The chart below illustrates the one-year performance of BRF.PRC shares compared to BEP.UN:

Below is a dividend history chart for BRF.PRC, highlighting the historical dividend payments on Brookfield Renewable Partners LP’s Class A Preference Shares, Series 3:

During Monday’s trading, Brookfield Renewable Partners LP’s Class A Preference Shares, Series 3 (TSX: BRF-PRC.TO) were down approximately 0.8%. In contrast, the common shares (TSX: BEP-UN.TO) experienced a decline of about 2.8%.

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