Brookfield Business Partners LP (TSE:BBU.UN - Get Free Report)'s share price rose 0.1% during mid-day trading on Wednesday . The stock traded as high as C$35.52 and last traded at C$35.35. Approximately 11,139 shares changed hands during mid-day 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 Stock Down 0.2%
The business's fifty day moving average is C$34.18 and its two-hundred day moving average is C$32.93. The company has a market cap of C$2.62 billion, a P/E ratio of 3.94, a price-to-earnings-growth ratio of 2.61 and a beta of 1.45. The company has a debt-to-equity ratio of 241.05, a quick ratio of 0.65 and a current ratio of 1.00.
Brookfield Business Partners Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 30th were issued a dividend of $0.0625 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $0.25 dividend on an annualized basis and a yield of 0.71%. Brookfield Business Partners's payout ratio is 3.79%.
Insiders Place Their Bets
In related news, Director Anne Ruth Herkes acquired 604 shares of the firm's stock in a transaction that occurred on Thursday, June 26th. The stock was bought at an average price of C$41.50 per share, for a total transaction of C$25,064.20. 3.96% of the stock is owned by 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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