Brookfield Business Partners (TSE:BBU.UN) Shares Down 0.9% – What’s Next?

Brookfield Business Partners LP (TSE:BBU.UN) traded down 0.9% during mid-day trading on Tuesday . The stock traded as low as C$48.10 and last traded at C$48.10. 4,861 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 44,823 shares. The stock had previously closed at C$48.55.

Brookfield Business Partners Trading Down 0.9%

The firm’s 50-day moving average price is C$43.59 and its 200-day moving average price is C$37.49. 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 company has a market cap of C$4.27 billion, a P/E ratio of -343.57, a price-to-earnings-growth ratio of 2.61 and a beta of 1.84.

Brookfield Business Partners Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 29th were given a $0.0625 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.25 annualized dividend and a dividend yield of 0.5%. Brookfield Business Partners’s payout ratio is -178.57%.

About Brookfield Business Partners

Brookfield Business Partners LP is a business services and industrials company. It focused on operating businesses that are either low-cost producers and benefit from high barriers to entry. The company’s operating segment includes Business services; Infrastructure services; Industrials and Corporate and others.