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

Brookfield Business Partners LP (TSE:BBU.UN) declared a quarterly dividend on Friday, November 29th,TickerTech Dividends reports. Stockholders of record on Tuesday, December 31st will be paid a dividend of 0.0625 per share on Tuesday, December 31st. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date of this dividend is Friday, November 29th.

Brookfield Business Partners Stock Up 1.4 %

Shares of BBU.UN stock traded up C$0.51 during trading hours on Thursday, reaching C$37.10. 17,436 shares of the company’s stock were exchanged, compared to its average volume of 41,576. The stock’s 50 day moving average is C$32.48 and its 200-day moving average is C$28.54. The company has a market cap of C$2.76 billion, a price-to-earnings ratio of 4.08, a P/E/G ratio of 2.61 and a beta of 1.45. 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 fifty-two week low of C$21.06 and a fifty-two week high of C$37.20.

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.