Brambles Limited (ASX:BXB – Get Free Report) insider James(Jim) Miller acquired 2,550 shares of Brambles stock in a transaction that occurred on Friday, September 20th. The stock was bought at an average cost of A$18.81 ($12.88) per share, with a total value 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 announced a Final dividend, which will be paid on Wednesday, October 9th. Investors of record on Wednesday, October 9th will be issued a dividend of $0.289 per share. This is a boost from Brambles’s previous Final dividend of $0.22. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a yield of 1.59%. Brambles’s payout ratio 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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