Anne Ruth Herkes Acquires Shares in Brookfield Business Partners

Anne Ruth Herkes, a director at Brookfield Business Partners LP (TSE:BBU.UN - Get Free Report), has purchased 646 shares of the company's stock. This acquisition occurred on Wednesday, March 26th, and the shares were bought at an average price of C$40.01 each, amounting to a total investment of C$25,849.30.

Performance of Brookfield Business Partners Stock

On Thursday, Brookfield Business Partners shares opened at C$34.91. The company's stock has shown a 50-day moving average price of C$33.31 and a 200-day moving average price of C$32.60. With a market capitalization of C$2.59 billion, the company currently holds a P/E ratio of 3.90, a P/E/G ratio of 2.61, and a beta of 1.45. The stock's 52-week lows and highs were recorded at C$23.00 and C$37.54, respectively. Financial metrics also reveal a quick ratio of 0.65, a current ratio of 1.00, and a considerable debt-to-equity ratio of 241.05.

Brookfield Business Partners Dividend Announcement

The company has also made a recent announcement regarding a quarterly dividend. This dividend will be distributed on Monday, March 31st, with shareholders of record on that date set to receive a payment of $0.0625 per share. The ex-dividend date was February 28th. This translates to an annualized dividend of $0.25, yielding approximately 0.72%. The current dividend payout ratio is 3.79%.

About Brookfield Business Partners

Brookfield Business Partners L.P. operates as a private equity firm focusing on acquisitions. The firm primarily invests in sectors like business services, construction, energy, and industrials, often seeking majority stakes in the companies it invests in. Aiming for returns of at least 15%, Brookfield continues to play a significant role in these industries.

investment, shares, dividend