Brookfield Business Partners (TSE:BBU.UN) Shares Down 1.2% – What’s Next?

Brookfield Business Partners LP (TSE:BBU.UN)’s share price fell 1.2% on Tuesday . The stock traded as low as C$31.02 and last traded at C$32.20. 77,511 shares were traded during trading, an increase of 95% from the average session volume of 39,719 shares. The stock had previously closed at C$32.60.

Brookfield Business Partners Stock Performance

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 firm has a market cap of C$2.39 billion, a P/E ratio of 3.59, a PEG ratio of 2.61 and a beta of 1.45. The stock’s 50 day moving average is C$33.84 and its two-hundred day moving average is C$30.08.

Brookfield Business Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were paid a $0.0625 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.25 annualized dividend and a dividend yield of 0.78%. 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.