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

Brookfield Business Partners LP (TSE:BBU.UN) declared a quarterly dividend on Friday, November 29th,TickerTech Dividends reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.0625 per share on Tuesday, December 31st. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date is Friday, November 29th.

Brookfield Business Partners Stock Performance

BBU.UN stock traded up C$0.51 during mid-day trading on Thursday, hitting C$37.10. The company had a trading volume of 17,436 shares, compared to its average volume of 41,576. 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 firm has a market cap of C$2.76 billion, a PE ratio of 4.14, a price-to-earnings-growth ratio of 2.61 and a beta of 1.45. Brookfield Business Partners has a 12 month low of C$21.06 and a 12 month high of C$37.20. The stock’s fifty day moving average price is C$32.48 and its two-hundred day moving average price is C$28.54.

About Brookfield Business Partners

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.