Brambles Limited (OTCMKTS:BXBLY) to Issue Dividend Increase – $0.39 Per Share

Brambles Limited (OTCMKTS:BXBLY) announced a dividend on Tuesday, February 25th, NASDAQ Dividends reports. Investors of record on Thursday, March 13th will be paid a dividend of 0.3853 per share on Thursday, April 17th. The ex-dividend date is Thursday, March 13th. This is a 3.5% increase from Brambles’s previous dividend of $0.37.

Brambles Price Performance

Shares of Brambles stock opened at $26.23 on Tuesday. Brambles has a twelve month low of $18.24 and a twelve month high of $27.63. The firm’s 50-day moving average price is $24.69 and its 200 day moving average price is $24.84. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 0.54.

About Brambles

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.