Brookfield Business Partners LP (TSE:BBU.UN) Declares Quarterly Dividend

Brookfield Business Partners LP (TSE:BBU.UN) announced on February 28th that it will pay a quarterly dividend. Shareholders on record by March 31st will receive a dividend of $0.0625 per share, which will be disbursed on the same day. This dividend translates to an annualized amount of $0.25 and a yield of 0.69%. The ex-dividend date is set for February 28th.

Brookfield Business Partners Trading Overview

On Wednesday, BBU.UN shares saw an increase of 0.6%, rising by C$0.20 to reach C$36.30. During the trading session, 7,580 shares changed hands, which is lower than the average volume of 57,181 shares. The company's quick ratio stands at 0.65, with a current ratio of 1.00 and a debt-to-equity ratio of 241.05. The stock's 50-day moving average is C$32.81, while its 200-day moving average is C$31.69. Looking at the past year, the stock has recorded a low of C$23.00 and a high of C$37.54. Brookfield Business Partners has a market capitalization of approximately C$2.70 billion, a PE ratio of 4.05, a P/E/G ratio of 2.61, and a beta of 1.45.

About Brookfield Business Partners

Brookfield Business Partners L.P. is a private equity firm that focuses on acquisitions. The firm mainly invests in sectors such as business services, construction, energy, and industrials. Typically, it aims to acquire a majority stake in the companies it invests in, seeking to achieve returns of at least 15% on its investments.

Investment Considerations

Before making an investment in Brookfield Business Partners, it may be beneficial to look into other stocks that top analysts are recommending. Although Brookfield currently holds a "Buy" rating, there are suggestions from expert analysts that five other stocks could offer better investment opportunities.

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