Brookfield Business Partners LP (TSE:BBU.UN) Declares $0.06 Quarterly Dividend

Brookfield Business Partners LP (TSE:BBU.UN) announced a quarterly dividend on Friday, February 28th, TickerTech Dividends reports. Shareholders of record on Monday, March 31st will be paid a dividend of 0.0625 per share on Monday, March 31st. This represents a $0.25 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date is Friday, February 28th.

Brookfield Business Partners Stock Performance

Shares of BBU.UN traded up C$0.20 on Wednesday, reaching C$36.30. 7,580 shares of the company’s stock traded hands, compared to its average volume of 57,181. The stock’s 50 day simple moving average is C$32.81 and its two-hundred day simple moving average is C$31.69. The company has a current ratio of 1.00, a quick ratio of 0.65 and a debt-to-equity ratio of 241.05. Brookfield Business Partners has a 52-week low of C$23.00 and a 52-week high of C$37.54. The stock has a market cap of C$2.70 billion, a PE ratio of 4.05, a PEG ratio of 2.61 and a beta of 1.45.

Brookfield Business Partners Company Profile

Brookfield Business Partners L.P. is a private equity firm specializes in acquisition. The firm typically invests in business services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments. Brookfield Business Partners L.P.