Brookfield Business Partners LP (TSE:BBU.UN - Get Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as C$43.15 and last traded at C$35.46, with a volume of 12640 shares trading hands. The stock had previously closed at C$35.43.
Brookfield Business Partners Price Performance
The company has a debt-to-equity ratio of 241.05, a quick ratio of 0.65 and a current ratio of 1.00. The stock's fifty day moving average price is C$33.49 and its 200-day moving average price is C$32.81. The firm has a market cap of C$2.65 billion, a PE ratio of 3.97, a P/E/G ratio of 2.61 and a beta of 1.45.
Brookfield Business Partners Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.70%. The ex-dividend date of this dividend was Friday, May 30th. Brookfield Business Partners's dividend payout ratio (DPR) is 3.79%.
Insider Activity at Brookfield Business Partners
In related news, Director Anne Ruth Herkes bought 604 shares of Brookfield Business Partners stock in a transaction that occurred on Thursday, June 26th. The shares were purchased at an average price of C$41.50 per share, with a total value of C$25,064.20. 3.96% of the stock is owned by corporate insiders.
About Brookfield Business Partners
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Brookfield Business Partners, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brookfield Business Partners wasn't on the list.
While Brookfield Business Partners currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
