Brambles Limited (ASX:BXB – Get Free Report) insider James(Jim) Miller bought 2,550 shares of the business’s stock in a transaction on Friday, September 20th. The stock was bought at an average price of A$18.81 ($12.88) per share, for a total transaction of A$47,965.50 ($32,853.08).
Brambles Stock Performance
The company has a debt-to-equity ratio of 81.84, a current ratio of 0.61 and a quick ratio of 0.52.
Brambles Increases Dividend
The company also recently declared a Final dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Wednesday, October 9th will be paid a $0.289 dividend. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a dividend yield of 1.59%. This is a positive change from Brambles’s previous Final dividend of $0.22. Brambles’s dividend payout ratio (DPR) is presently 63.41%.
About Brambles
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.
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