Brookfield Business Partners L.P. (TSE:BBU – Get Free Report) announced a quarterly dividend on Friday, August 2nd, Zacks reports. Shareholders of record on Friday, August 30th will be given a dividend of 0.086 per share on Friday, September 27th. This represents a $0.34 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Friday, August 30th. This is a positive change from Brookfield Business Partners’s previous quarterly dividend of $0.09.
Brookfield Business Partners Price Performance
Brookfield Business Partners (TSE:BBU – Get Free Report) last posted its quarterly earnings results on Friday, August 2nd. The company reported C($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$1.20 by C($1.32). The business had revenue of C$16.34 billion for the quarter.
Wall Street Analysts Forecast Growth
Separately, Cibc World Mkts raised Brookfield Business Partners to a “strong-buy” rating in a research report on Tuesday, May 7th.
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.
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