Brambles Limited (ASX:BXB) Insider Purchases A$29,391.67 in Stock

Brambles Limited (ASX:BXB) insider Kendra Banks acquired 1,463 shares of the stock in a transaction dated Thursday, March 13th. The stock was acquired at an average cost of A$20.09 ($12.80) per share, with a total value of A$29,391.67 ($18,720.81).

Brambles Price Performance

The company has a debt-to-equity ratio of 81.84, a quick ratio of 0.52 and a current ratio of 0.61. The company has a market cap of $16.85 billion, a P/E ratio of 21.92, a P/E/G ratio of 0.83 and a beta of 0.55.

Brambles Increases Dividend

The firm also recently disclosed a Interim dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, April 9th will be paid a $0.303 dividend. This is a positive change from Brambles’s previous Interim dividend of $0.23. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a dividend yield of 1.53%. Brambles’s dividend payout ratio (DPR) is presently 62.65%.

Brambles Company Profile

Brambles Limited operates as a supply-chain logistics company. It operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; and CHEP Australia, New Zealand and Asia, excluding India segments. The company engages in the pooling of unit-load equipment and associated services, focusing on the outsourced management of pallets, crates, and containers.