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

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

Brookfield Business Partners Price Performance

Brookfield Business Partners stock opened at C$34.91 on Thursday. The company’s 50 day moving average price is C$33.31 and its two-hundred day moving average price is C$32.60. The stock has a market cap of C$2.59 billion, a P/E ratio of 3.90, a P/E/G 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. 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 Dividend Announcement

The firm 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 $0.0625 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.25 dividend on an annualized basis and a yield of 0.72%. Brookfield Business Partners’s dividend payout ratio 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.