Brambles Limited (ASX:BXB) Insider Kendra Banks Acquires 1,463 Shares

Brambles Limited (ASX:BXB) insider Kendra Banks acquired 1,463 shares of the firm’s stock in a transaction dated Thursday, March 13th. The stock was bought at an average price of A$20.09 ($12.72) per share, with a total value of A$29,391.67 ($18,602.32).

Brambles Stock Performance

The stock has a market capitalization of $16.85 billion, a P/E ratio of 21.92, a P/E/G ratio of 0.83 and a beta of 0.55. 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 firm also recently declared a Interim dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, April 9th will be paid a $0.303 dividend. The ex-dividend date of this dividend is Tuesday, March 11th. This is an increase from Brambles’s previous Interim dividend of $0.23. This represents a dividend yield of 1.53%. Brambles’s payout ratio is 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.