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 business’s stock in a transaction on Wednesday, March 26th. The shares were bought 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 BBU.UN opened at C$34.36 on Friday. Brookfield Business Partners LP has a one year low of C$23.00 and a one year high of C$37.54. The company has a 50-day moving average of C$33.43 and a two-hundred day moving average of C$32.69. 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 stock has a market cap of C$2.55 billion, a price-to-earnings ratio of 3.83, a PEG ratio of 2.61 and a beta of 1.45.

Brookfield Business Partners Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders 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 yield of 0.73%. The ex-dividend date is Friday, February 28th. Brookfield Business Partners’s dividend payout ratio (DPR) is currently 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.