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

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

Brookfield Business Partners Stock Performance

Shares of BBU.UN stock opened at C$34.60 on Friday. The business has a 50-day simple moving average of C$33.37 and a 200-day simple moving average of C$32.65. The company has a quick ratio of 0.65, a current ratio of 1.00 and a debt-to-equity ratio of 241.05. The stock has a market cap of C$2.57 billion, a PE ratio of 3.86, a price-to-earnings-growth ratio of 2.61 and a beta of 1.45. Brookfield Business Partners LP has a 52-week low of C$23.00 and a 52-week high of C$37.54.

Brookfield Business Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.72%. The ex-dividend date is Friday, February 28th. Brookfield Business Partners’s 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.