Brookfield Business Corp (NYSE:BBUC) to Issue Quarterly Dividend of $0.06

Brookfield Business Corp (NYSE:BBUC) declared a quarterly dividend on Wednesday, March 11th. Shareholders of record on Monday, March 23rd will be paid a dividend of 0.0625 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, March 23rd.

Brookfield Business Stock Performance

Shares of NYSE BBUC traded down $1.84 during trading hours on Friday, hitting $30.91. 4,489 shares of the company traded hands, compared to its average volume of 101,787. Brookfield Business has a 12 month low of $21.52 and a 12 month high of $38.25. The firm’s 50 day moving average is $35.25.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on BBUC shares. Weiss Ratings restated a “sell (d-)” rating on shares of Brookfield Business in a research note on Monday, December 29th. Wall Street Zen downgraded Brookfield Business from a “hold” rating to a “sell” rating in a report on Monday, November 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Brookfield Business presently has an average rating of “Sell”.

Brookfield Business Company Profile

Brookfield Business (NYSE: BBUC) is a publicly traded operating company affiliated with the Brookfield group that focuses on owning and managing a portfolio of industrial and business services companies. The company’s model centers on acquiring established businesses and applying active operational oversight, capital investment and strategic management to improve performance and support long‑term growth.

Brookfield Business’s activities span a range of sectors within the industrial and services landscape, including manufacturing, industrial services, specialty distribution and business‑to‑business service providers.