Brookfield Business Partners (TSE:BBU.UN) Hits New 1-Year High – What’s Next?

Brookfield Business Partners LP (TSE:BBU.UN) reached a new 52-week high during trading on Monday . The stock traded as high as C$36.21 and last traded at C$36.17, with a volume of 3663 shares traded. The stock had previously closed at C$34.45.

Brookfield Business Partners Trading Up 1.7 %

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 company has a market cap of C$2.72 billion, a P/E ratio of 4.02, a P/E/G ratio of 2.61 and a beta of 1.45. The stock’s 50-day moving average is C$32.30 and its two-hundred day moving average is C$28.47.

Brookfield Business Partners Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 27th were paid a dividend of $0.0625 per share. The ex-dividend date was Friday, August 30th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.68%. 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.