Anne Ruth Herkes Purchases 604 Shares of Brookfield Business Partners LP (TSE:BBU.UN) Stock

Brookfield Business Partners LP (TSE:BBU.UN) Director Anne Ruth Herkes bought 604 shares of the firm’s stock in a transaction on Thursday, June 26th. The stock was purchased at an average cost of C$41.50 per share, for a total transaction of C$25,064.20.

Brookfield Business Partners Price Performance

BBU.UN stock opened at C$34.49 on Friday. The company has a quick ratio of 0.65, a current ratio of 1.00 and a debt-to-equity ratio of 241.05. Brookfield Business Partners LP has a 12 month low of C$24.36 and a 12 month high of C$37.54. The firm has a market cap of C$2.56 billion, a P/E ratio of 3.85, a P/E/G ratio of 2.61 and a beta of 1.45. The company’s 50-day moving average price is C$33.21 and its two-hundred day moving average price is C$32.81.

Brookfield Business Partners Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 30th will be issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.72%. The ex-dividend date is Friday, May 30th. 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.