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

Brookfield Business Partners LP (TSE:BBU.UN) announced a quarterly dividend on Friday, February 28th, TickerTech Dividends reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.0625 per share on Monday, March 31st. This represents a $0.25 annualized dividend and a dividend yield of 0.69%. The ex-dividend date is Friday, February 28th.

Brookfield Business Partners Trading Up 0.7 %

Shares of BBU.UN stock traded up C$0.27 during trading hours on Wednesday, reaching C$36.37. 9,680 shares of the stock were exchanged, compared to its average volume of 57,366. The company has a current ratio of 1.00, a quick ratio of 0.65 and a debt-to-equity ratio of 241.05. Brookfield Business Partners has a 12-month low of C$23.00 and a 12-month high of C$37.54. The firm has a market capitalization of C$2.70 billion, a price-to-earnings ratio of 4.06, a price-to-earnings-growth ratio of 2.61 and a beta of 1.45. The company’s 50-day moving average price is C$32.81 and its 200-day moving average price is C$31.69.

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.