Insider Buying: Bravura Solutions Limited (ASX:BVS) Insider Purchases A$468,601.28 in Stock

Bravura Solutions Limited (ASX:BVS) insider Damien Leonard bought 209,197 shares of the stock in a transaction dated Wednesday, March 19th. The shares were acquired at an average price of A$2.24 ($1.41) per share, for a total transaction of A$468,601.28 ($294,717.79).

Damien Leonard also recently made the following trade(s):

• On Friday, March 21st, Damien Leonard acquired 433,888 shares of Bravura Solutions stock. The shares were bought at an average price of A$2.30 ($1.45) per share, with a total value of A$997,074.62 ($627,090.96).

Bravura Solutions Price Performance

The company has a market cap of $1.25 billion, a price-to-earnings ratio of 142.01 and a beta of 0.56. The company has a current ratio of 1.97, a quick ratio of 1.45 and a debt-to-equity ratio of 13.02.

Bravura Solutions Increases Dividend

The company also recently disclosed a Interim dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be paid a $0.105 dividend. This is an increase from Bravura Solutions’s previous Interim dividend of $0.03. The ex-dividend date of this dividend is Thursday, March 27th. This represents a yield of 3.78%. Bravura Solutions’s dividend payout ratio is presently 800.00%.

Bravura Solutions Company Profile

Bravura Solutions Limited engages in the development, licensing, and maintenance of administration and management software applications for the wealth management and funds administration sectors in Australia, New Zealand, the United Kingdom, and internationally. The company operates through two segments: Wealth Management and Funds Administration.