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

Key Points

• Brookfield Business Partners LP has announced a quarterly dividend of C$0.0625 per share, payable on September 29th.
• The company's stock has increased by 1.3%, with a current trading price of C$38.90 and a market capitalization of C$2.89 billion.
• Brookfield specializes in private equity, focusing on acquisitions in sectors like business services, construction, and energy, with a target return of at least 15% on its investments.

Brookfield Business Partners LP (TSE:BBU.UN - Get Free Report) announced a quarterly dividend on Friday, August 29th, TickerTech Dividends reports. Stockholders of record on Monday, September 29th will be given a dividend of 0.0625 per share on Monday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, August 29th.

Brookfield Business Partners Stock Up 1.3%

BBU.UN stock opened at C$38.90 on Wednesday. Brookfield Business Partners has a twelve month low of C$25.55 and a twelve month high of C$38.90. The company has a current ratio of 1.00, a quick ratio of 0.65 and a debt-to-equity ratio of 241.05. The company has a market capitalization of C$2.89 billion, a P/E ratio of 4.34, a PEG ratio of 2.61 and a beta of 1.45. The firm has a 50 day simple moving average of C$35.25 and a 200-day simple moving average of C$33.69.

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.

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