Shares of Brookfield Renewable Partners LP’s Class A Preference Shares, Series 5 (TSX: BRF-PRE.TO) were yielding above 6% on Thursday, with a quarterly dividend of $1.25. The stock traded at a low of $20.72, representing a 15.60% discount to its liquidation preference amount. BRF.PRE shares were down 1.8% on the day, while common shares (TSX: BEP-UN.TO) were up 2.1%. This performance can be seen in the chart below, which compares the one-year performance of BRF.PRE and BEP.UN. Check out which other Canadian dividend stocks recently entered new yield territory.

Read more at Nasdaq: Brookfield Renewable Partners’ Preference Shares, Series 5 Yield Pushes Past 6%