Qube Holdings Limited (ASX:QUB) Insider Alan Miles Purchases 4,422 Shares

Qube Holdings Limited (ASX:QUB) insider Alan Miles purchased 4,422 shares of the stock in a transaction that occurred on Monday, March 24th. The stock was bought at an average price of A$3.81 ($2.40) per share, with a total value of A$16,847.82 ($10,596.11).

Qube Price Performance

The company has a quick ratio of 1.25, a current ratio of 1.27 and a debt-to-equity ratio of 75.02. The stock has a market cap of $7.29 billion, a P/E ratio of 32.06, a price-to-earnings-growth ratio of 1.82 and a beta of 0.90.

Qube Increases Dividend

The business also recently declared a Interim dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, April 9th will be paid a $0.041 dividend. This represents a yield of 0.98%. The ex-dividend date is Monday, March 3rd. This is an increase from Qube’s previous Interim dividend of $0.04. Qube’s dividend payout ratio (DPR) is currently 69.23%.

Qube Company Profile

Qube Holdings Limited, together with its subsidiaries, provides logistics solutions for import and export supply chain in Australia, New Zealand, and internationally. The company's Operating division offers services relating to the import and export of primarily containerized cargo; provides various logistics services, which includes road and rail transport, warehousing and distribution, container parks, and related services, as well as operates intermodal logistics hubs, including rail terminals and international freight forwarding; owns and operates automotive terminals that provides automotive, general cargo, and break-bulk facilities; operates multi-user grain storage and handling facilities; and develops and operates an import-export rail terminal, and an interstate rail terminal at the Moorebank Logistics Park.