Brookfield Business Partners (NYSE: BBU) declares $0.0625 payout and details post-reorg dividend

Rhea-AI Filing Summary

Brookfield Business Partners announced that its board has declared a quarterly distribution and dividend of $0.0625 per unit and per share. This payment is scheduled for March 31, 2026 to holders of record at the close of business on March 23, 2026.

The company also reiterated that it expects to complete its previously announced corporate reorganization to simplify its structure by the end of the first quarter, subject to final regulatory approvals. After completion, the new corporate entity expects to pay an annual dividend of $0.25 per share, which is aligned with the current distribution to BBU unitholders and the current dividend to BBUC shareholders.

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2026

Commission File Number: 001-37775	Commission file number 001-41313
Brookfield Business Partners L.P. (Exact name of Registrant as specified in its charter)	BROOKFIELD BUSINESS CORPORATION (Exact name of Registrant as specified in its charter)
73 Front Street, 5th Floor Hamilton, HM 12 Bermuda (Address of principal executive office)	250 Vesey Street, 15th Floor New York, New York 10281 (Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ X ]      Form 40-F [   ]

EXHIBIT INDEX

Exhibit Number		Description
99.1		Press Release dated March 12, 2026

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Brookfield Business Partners L.P.
	by its general partner, Brookfield Business Partners Limited
Date: March 12, 2026	By:	/s/ Jane Sheere
		Name: Jane Sheere
		Title: Corporate Secretary
	BROOKFIELD BUSINESS CORPORATION
Date: March 12, 2026	By:	/s/ Jaspreet Dehl
		Name: Jaspreet Dehl
		Title: Chief Financial Officer

EXHIBIT 99.1

Brookfield Business Partners Declares Quarterly Distribution and Dividend

BROOKFIELD, NEWS, March 12, 2026 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBU, BBUC; TSX: BBU.UN, BBUC) announced today that its board of directors has declared a quarterly distribution and dividend in the amount of $0.0625 per unit and per share, respectively payable on March 31, 2026, to holders of record at the close of business on March 23, 2026.

We expect to complete our previously announced corporate reorganization to simplify our corporate structure by the end of the first quarter, subject to final regulatory approvals. Once the reorganization is complete, the new corporate entity expects to pay an annual dividend of $0.25 per share, consistent with the current distribution to existing BBU unitholders and the current dividend to existing BBUC shareholders.

About Brookfield Business Partners
Brookfield Business Partners is a global business services and industrials company focused on owning and operating high-quality businesses that provide essential products and services and benefit from a strong competitive position. Investors currently have flexibility to invest in our company either through Brookfield Business Partners L.P. (NYSE: BBU; TSX; BBU.UN), a limited partnership, or Brookfield Business Corporation (NYSE, TSX: BBUC), a corporation. For more information, please visit https://bbu.brookfield.com.

Brookfield Business Partners is the flagship listed vehicle of Brookfield Asset Management’s Private Equity Group. Brookfield Asset Management is a leading global alternative asset manager with over $1 trillion of assets under management.

For more information, please contact:

Media:
Marie Fuller
Tel: +44 207 408 8375
Email: marie.fuller@brookfield.com



Investors:
Alan Fleming
Tel: +1 (416) 645-2736
Email: alan.fleming@brookfield.com

Cautionary Statement Regarding Forward-looking Statements

This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and “forward-looking statements” within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, include statements regarding the anticipated closing date of the reorganization transaction, and include words such as “expects”, “anticipates”, “plans”, “believes”, “estimates”, “seeks”, “intends”, “targets”, “projects”, “forecasts”, “views”, “potential”, “likely” or negative versions thereof and other similar expressions, or future or conditional verbs such as “may”, “will”, “should”, “would” and “could”. Although Brookfield Business Partners believes that these forward-looking statements and information are based upon reasonable assumptions and expectations, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Factors that could cause actual results of Brookfield Business Partners to differ materially from those contemplated or implied by the statements in this news release include risks and factors described in the documents filed by BBU and BBUC with securities regulators in Canada and the United States including under “Risk Factors” in BBU’s and BBUC’s most recent Annual Reports on Form 20-F and the joint management information circular of BBU and BBUC filed in connection with the reorganization transaction and other risks and factors that are described therein. Except as required by law, Brookfield Business Partners undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise.

FAQ

What quarterly distribution did Brookfield Business Partners (BBU) declare?

Brookfield Business Partners declared a quarterly distribution and dividend of $0.0625 per unit and per share. This payment reflects the regular cash return to both partnership unitholders and corporate shareholders, maintaining consistency with the company’s existing payout practices ahead of its planned reorganization.

When will Brookfield Business Partners’ new dividend be paid and to whom?

The $0.0625 quarterly distribution and dividend will be paid on March 31, 2026 to holders of record at the close of business on March 23, 2026. Investors must be recorded as unitholders or shareholders by that date to receive the cash payment.

How will Brookfield Business Partners’ planned reorganization affect dividends?

After completing its corporate reorganization, the new corporate entity expects to pay an annual dividend of $0.25 per share. This level is consistent with the current distribution to existing BBU unitholders and the current dividend to existing BBUC shareholders, indicating no change in overall payout.

When does Brookfield Business Partners expect to complete its corporate reorganization?

Brookfield Business Partners expects to complete its previously announced corporate reorganization by the end of the first quarter, subject to final regulatory approvals. This transaction is intended to simplify the company’s corporate structure while maintaining equivalent economic exposure for existing investors in BBU and BBUC.

Which securities of Brookfield Business Partners are currently paying the announced distribution?

The $0.0625 quarterly amount applies per unit of Brookfield Business Partners L.P. and per share of Brookfield Business Corporation. This structure gives investors flexibility to hold either partnership units or corporate shares while receiving an equivalent cash distribution from the business.

What is Brookfield Business Partners’ business focus according to the filing?

Brookfield Business Partners describes itself as a global business services and industrials company focused on owning and operating high-quality businesses. These businesses provide essential products and services and benefit from strong competitive positions, forming the flagship listed vehicle of Brookfield Asset Management’s Private Equity Group.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 PRESS RELEASE 5.1 KB