Insider Buying: Brambles Limited (ASX:BXB) Insider Buys 2,943 Shares of Stock

Brambles Limited (ASX:BXBGet Free Report) insider Priya Rajagopalan purchased 2,943 shares of the firm’s stock in a transaction dated Monday, March 3rd. The shares were bought at an average price of A$26.50 ($16.77) per share, with a total value of A$77,989.50 ($49,360.44).

Brambles Stock Performance

The company has a market capitalization of $16.85 billion, a PE ratio of 21.92, a PEG ratio of 0.83 and a beta of 0.55. The company has a quick ratio of 0.52, a current ratio of 0.61 and a debt-to-equity ratio of 81.84.

Brambles Increases Dividend

The firm also recently announced a Interim dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, April 9th will be paid a dividend of $0.303 per share. This is an increase from Brambles’s previous Interim dividend of $0.23. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a yield of 1.53%. Brambles’s dividend payout ratio is presently 62.65%.

Brambles Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Brambles (ASX:BXB)

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