Brookfield Business Partners LP (TSE:BBU.UN - Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as C$41.35 and last traded at C$33.86, with a volume of 17684 shares traded. The stock had previously closed at C$32.37.
Brookfield Business Partners Price Performance
The firm has a market cap of C$2.67 billion, a price-to-earnings ratio of 4.02, a PEG ratio of 2.61 and a beta of 1.45. The company has a quick ratio of 0.65, a current ratio of 1.00 and a debt-to-equity ratio of 241.05. The company's 50-day moving average price is C$31.37 and its 200-day moving average price is C$32.79.
Brookfield Business Partners Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 30th will be paid a $0.0625 dividend. The ex-dividend date is Friday, May 30th. This represents a $0.25 annualized dividend and a dividend yield of 0.69%. Brookfield Business Partners's dividend payout ratio (DPR) is currently 3.79%.
Insider Activity
In other news, Director Anne Ruth Herkes bought 646 shares of the stock in a transaction on Wednesday, March 26th. The stock was purchased at an average cost of C$40.01 per share, with a total value of C$25,849.30. Insiders own 3.96% of the company's stock.
About Brookfield Business Partners
(
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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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