Brookfield Business Corp (NYSE:BBUC) Announces Quarterly Dividend of C$0.06

Key Points

• Brookfield Business Corp announced a quarterly dividend of C$0.0625 per share, payable on June 30 to shareholders of record on May 29.
• The dividend implies an annualized payout and a 0.8% yield; the stock’s ex-dividend date is also May 29.
• BBUC shares traded lower on the day, falling to $30.81, while the company reported strong market activity and maintains a $6.38 billion market cap.

Brookfield Business Corp (NYSE:BBUC - Get Free Report) announced a quarterly dividend on Friday, May 8th. Stockholders of record on Friday, May 29th will be given a dividend of 0.0625 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, May 29th.

Brookfield Business Price Performance

Shares of BBUC traded down $2.80 during midday trading on Friday, reaching $30.81. 500,469 shares of the stock were exchanged, compared to its average volume of 177,149. The firm has a 50-day simple moving average of $33.19. The company has a debt-to-equity ratio of 2.91, a current ratio of 1.67 and a quick ratio of 1.39. Brookfield Business has a twelve month low of $27.64 and a twelve month high of $38.25. The stock has a market cap of $6.38 billion, a P/E ratio of -118.52 and a beta of 1.27.

Brookfield Business (NYSE:BBUC - Get Free Report) last posted its earnings results on Friday, May 8th. The company reported $999.00 EPS for the quarter, topping analysts' consensus estimates of $1.31 by $997.69. Brookfield Business had a return on equity of 2.67% and a net margin of 1.41%. As a group, equities research analysts expect that Brookfield Business will post 5.5 earnings per share for the current fiscal year.

Brookfield Business Company Profile

Brookfield Business NYSE: BBUC is a publicly traded operating company affiliated with the Brookfield group that focuses on owning and managing a portfolio of industrial and business services companies. The company’s model centers on acquiring established businesses and applying active operational oversight, capital investment and strategic management to improve performance and support long‑term growth.

Brookfield Business’s activities span a range of sectors within the industrial and services landscape, including manufacturing, industrial services, specialty distribution and business‑to‑business service providers.

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