Overview
Description
Brookfield Renewable Power Preferred 5.69% Perpetual is a type of preferred stock associated with Brookfield Renewable Partners, a global leader in renewable energy. This financial instrument represents a fixed-income security that combines elements of both equity and debt in its structure. Designed to provide investors with a steady income through dividend payments, this preferred stock offers a fixed dividend rate of 5.69% annually, appealing to those seeking predictable returns.
The perpetual nature of this preferred stock means it has no maturity date, thereby allowing holders to benefit from the ongoing potential of the renewable energy sector which is increasingly significant in today’s economy. Brookfield Renewable Partners is known for its diversified portfolio of hydropower, wind, solar, and storage facilities, and plays a crucial role in driving global energy transition efforts. This preferred stock thus serves as a conduit for investors interested in gaining exposure to the clean energy sector's growth while enjoying the relative safety and stability that preferred shares can offer.
About
CEO
Mr. Richard J. Legault CPA
Employees
0
Address
181 Bay Street
Brookfield Place Suite 300 P.O. Box 762
Toronto, M5J 2T3, ON
Canada
Brookfield Place Suite 300 P.O. Box 762
Toronto, M5J 2T3, ON
Canada
Phone
819-561-2722
Website
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Instrument type
Preferred stock
Sector
Utilities
Industry
Utilities - Independent Power Producers
Country
Canada
MIC code
XTSE