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

Brookfield Business Partners LP (TSE:BBU.UN - Get Free Report) declared a quarterly dividend on Friday, May 30th, TickerTech Dividends reports. Stockholders of record on Monday, June 30th will be paid a dividend of 0.0625 per share on Monday, June 30th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date is Friday, May 30th.

Brookfield Business Partners Trading Up 0.5%

Shares of Brookfield Business Partners stock traded up C$0.18 on Friday, reaching C$34.15. The company had a trading volume of 45,363 shares, compared to its average volume of 54,412. The firm has a market cap of C$2.54 billion, a price-to-earnings ratio of 3.81, a P/E/G ratio of 2.61 and a beta of 1.45. The company has a debt-to-equity ratio of 241.05, a current ratio of 1.00 and a quick ratio of 0.65. The firm's 50-day moving average price is C$31.65 and its two-hundred day moving average price is C$32.91. Brookfield Business Partners has a 1 year low of C$23.00 and a 1 year high of C$37.54.

Insider Buying and Selling at Brookfield Business Partners

In other news, Director Anne Ruth Herkes bought 646 shares of Brookfield Business Partners stock in a transaction dated Wednesday, March 26th. The shares were acquired at an average price of C$40.01 per share, with a total value of C$25,849.30. Company insiders own 3.96% of the company's stock.

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.