Anne Ruth Herkes Buys 646 Shares of Brookfield Business Partners LP (TSE:BBU.UN) Stock

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

Brookfield Business Partners Trading Up 0.8 %

Brookfield Business Partners stock opened at C$34.91 on Thursday. The business’s fifty day simple moving average is C$33.31 and its two-hundred day simple moving average is C$32.60. Brookfield Business Partners LP has a 12 month low of C$23.00 and a 12 month high of C$37.54. 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 company has a market capitalization of C$2.59 billion, a price-to-earnings ratio of 3.90, a price-to-earnings-growth ratio of 2.61 and a beta of 1.45.

Brookfield Business Partners Dividend Announcement

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

Brookfield Business Partners Company Profile

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.