Brookfield Business Partners LP (TSE:BBU.UN) Director Buys C$25,849.30 in Stock

Brookfield Business Partners LP (TSE:BBU.UN) Director Anne Ruth Herkes acquired 646 shares of the stock in a transaction that occurred on Wednesday, March 26th. The shares were bought at an average cost of C$40.01 per share, with a total value of C$25,849.30.

Brookfield Business Partners Trading Down 0.9 %

Shares of TSE BBU.UN opened at C$34.60 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.65 and a debt-to-equity ratio of 241.05. The stock has a market capitalization of C$2.57 billion, a PE ratio of 3.86, a PEG ratio of 2.61 and a beta of 1.45. Brookfield Business Partners LP has a twelve month low of C$23.00 and a twelve month high of C$37.54. The stock has a fifty day simple moving average of C$33.37 and a 200-day simple moving average of C$32.65.

Brookfield Business Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 31st will be paid a dividend of $0.0625 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.25 dividend on an annualized basis and a yield of 0.72%. Brookfield Business Partners’s dividend payout ratio (DPR) is presently 3.79%.

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.