James Fazzino Buys 3,416 Shares of Qube Holdings Limited (ASX:QUB) Stock

Qube Holdings Limited (ASX:QUB) insider James Fazzino purchased 3,416 shares of the company’s stock in a transaction dated Monday, March 31st. The stock was purchased at an average cost of A$3.93 ($2.49) per share, for a total transaction of A$13,424.88 ($8,496.76).

Qube Stock Performance

The company has a debt-to-equity ratio of 75.02, a quick ratio of 1.25 and a current ratio of 1.27. The stock has a market capitalization of $7.29 billion, a price-to-earnings 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 announced a Interim dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, April 9th will be given a dividend of $0.041 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a yield of 0.98%. This is a positive change from Qube’s previous Interim dividend of $0.04. Qube’s payout ratio is 69.23%.

About Qube

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.