Brookfield Business Partners (TSE:BBU.UN) Stock Price Down 1.2% – What’s Next?

Brookfield Business Partners LP (TSE:BBU.UN)’s stock price traded down 1.2% during trading on Tuesday . The company traded as low as C$31.02 and last traded at C$32.20. 77,511 shares changed hands during mid-day trading, an increase of 95% from the average session volume of 39,719 shares. The stock had previously closed at C$32.60.

Brookfield Business Partners Trading Down 1.2 %

The company has a fifty day simple moving average of C$33.84 and a two-hundred day simple moving average of C$30.08. The company has a market capitalization of C$2.39 billion, a P/E ratio of 3.59, 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 current ratio of 1.00 and a quick ratio of 0.65.

Brookfield Business Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend was Friday, November 29th. Brookfield Business Partners’s dividend payout ratio is currently 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.