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 bought 646 shares of the stock in a transaction dated Wednesday, March 26th. The shares were purchased at an average price of C$40.01 per share, for a total transaction of C$25,849.30.

Brookfield Business Partners Stock Performance

Shares of TSE BBU.UN opened at C$34.36 on Friday. The company has a debt-to-equity ratio of 241.05, a current ratio of 1.00 and a quick ratio of 0.65. The firm has a market cap of C$2.55 billion, a price-to-earnings ratio of 3.83, a P/E/G ratio of 2.61 and a beta of 1.45. The stock’s fifty day moving average price is C$33.43 and its two-hundred day moving average price is C$32.73. Brookfield Business Partners LP has a one year low of C$23.00 and a one year high of C$37.54.

Brookfield Business Partners Dividend Announcement

The firm also recently declared 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. This represents a $0.25 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date is Friday, February 28th. Brookfield Business Partners’s dividend payout ratio is 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.