Brookfield Business Partners LP (TSE:BBU.UN - Get Free Report)'s stock price was up 0.1% during trading on Wednesday . The stock traded as high as C$35.52 and last traded at C$35.35. Approximately 11,139 shares traded hands during trading, a decline of 78% from the average daily volume of 49,738 shares. The stock had previously closed at C$35.33.
Brookfield Business Partners Price Performance
The stock has a market capitalization of C$2.60 billion, a price-to-earnings ratio of 3.91, a P/E/G 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 business has a 50-day simple moving average of C$34.29 and a two-hundred day simple moving average of C$32.95.
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 given a $0.0625 dividend. The ex-dividend date was Friday, May 30th. This represents a $0.25 dividend on an annualized basis and a yield of 0.71%. Brookfield Business Partners's dividend payout ratio (DPR) is 3.79%.
Insiders Place Their Bets
In related news, Director Anne Ruth Herkes purchased 604 shares of the company's stock in a transaction on Thursday, June 26th. The shares were bought 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 company insiders.
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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