Desjardins Has Positive Outlook of TSE:BBU FY2024 Earnings

Brookfield Business Partners L.P. (TSE:BBUFree Report) – Research analysts at Desjardins lifted their FY2024 earnings per share (EPS) estimates for Brookfield Business Partners in a report released on Sunday, November 10th. Desjardins analyst G. Ho now forecasts that the company will earn $7.48 per share for the year, up from their previous estimate of $5.88.

Brookfield Business Partners Price Performance

Brookfield Business Partners Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, November 29th will be issued a dividend of $0.085 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.34 dividend on an annualized basis and a yield of ∞.

About Brookfield Business Partners

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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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