Kendra Banks Purchases 1,463 Shares of Brambles Limited (ASX:BXB) Stock

Brambles Limited (ASX:BXB) insider Kendra Banks bought 1,463 shares of the stock in a transaction that occurred on Thursday, March 13th. The shares were purchased at an average cost of A$20.09 ($12.80) per share, with a total value of A$29,391.67 ($18,720.81).

Brambles Stock Performance

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

Brambles Increases Dividend

The company 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 represents a yield of 1.53%. The ex-dividend date of this dividend is Tuesday, March 11th. This is an increase from Brambles’s previous Interim dividend of $0.23. Brambles’s dividend payout ratio (DPR) is currently 62.65%.

Brambles Company Profile

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.