Qube Holdings Limited (ASX:QUB) Insider Buys A$13,424.88 in Stock

Qube Holdings Limited (ASX:QUB) insider James Fazzino acquired 3,416 shares of the business’s stock in a transaction dated Monday, March 31st. The stock was acquired at an average cost of A$3.93 ($2.38) per share, with a total value of A$13,424.88 ($8,136.29).

Qube Stock Performance

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

Qube Increases Dividend

The business also recently disclosed a Interim dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, April 9th will be given a $0.041 dividend. The ex-dividend date is Monday, March 3rd. This is a positive change from Qube’s previous Interim dividend of $0.04. This represents a dividend yield of 0.98%. Qube’s dividend payout ratio is presently 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.