Brookfield Business Partners (TSE:BBU.UN) Shares Down 0.9% – What’s Next?

Brookfield Business Partners LP (TSE:BBU.UN)’s stock price dropped 0.9% during mid-day trading on Tuesday . The stock traded as low as C$48.10 and last traded at C$48.10. Approximately 4,861 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 44,823 shares. The stock had previously closed at C$48.55.

Brookfield Business Partners Price Performance

The company has a quick ratio of 0.65, a current ratio of 1.00 and a debt-to-equity ratio of 241.05. The stock has a market cap of C$4.27 billion, a price-to-earnings ratio of -343.57, a price-to-earnings-growth ratio of 2.61 and a beta of 1.84. The company’s 50-day moving average is C$43.59 and its 200-day moving average is C$37.49.

Brookfield Business Partners Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 29th were issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Friday, August 29th. Brookfield Business Partners’s dividend payout ratio (DPR) is currently -178.57%.

About Brookfield Business Partners

Brookfield Business Partners LP is a business services and industrials company. It focused on operating businesses that are either low-cost producers and benefit from high barriers to entry. The company’s operating segment includes Business services; Infrastructure services; Industrials and Corporate and others.