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, November 29th,TickerTech Dividends reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.0625 per share on Tuesday, December 31st. This represents a $0.25 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Friday, November 29th.

Brookfield Business Partners Price Performance

Brookfield Business Partners stock traded up C$0.51 during midday trading on Thursday, reaching C$37.10. The company had a trading volume of 17,436 shares, compared to its average volume of 41,576. The company has a market capitalization of C$2.76 billion, a P/E ratio of 4.08, a P/E/G ratio of 2.61 and a beta of 1.45. Brookfield Business Partners has a 12-month low of C$21.06 and a 12-month high of C$37.20. The firm’s fifty day simple moving average is C$32.48 and its 200-day simple moving average is C$28.54. The company has a debt-to-equity ratio of 241.05, a current ratio of 1.00 and a quick ratio of 0.65.

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.