Brambles Limited (ASX:BXB) Insider Graham Chipchase Sells 201,228 Shares

Brambles Limited (ASX:BXB) insider Graham Chipchase sold 201,228 shares of the firm’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of A$18.14 ($12.10), for a total transaction of A$3,650,879.60 ($2,433,919.74).

Graham Chipchase also recently made the following trade(s):

• On Monday, September 30th, Graham Chipchase bought 24 shares of Brambles stock. The stock was bought at an average price of A$18.79 ($12.53) per share, with a total value of A$451.01 ($300.67).
• On Friday, August 30th, Graham Chipchase bought 24 shares of Brambles stock. The stock was purchased at an average price of A$18.13 ($12.08) per share, with a total value of A$435.00 ($290.00).
• On Wednesday, July 31st, Graham Chipchase bought 28 shares of Brambles stock. The stock was acquired at an average price of A$15.36 ($10.24) per share, for a total transaction of A$430.00 ($286.66).

Brambles Price Performance

The company has a quick ratio of 0.52, a current ratio of 0.61 and a debt-to-equity ratio of 81.84.

Brambles Increases Dividend

The company also recently declared a Final dividend, which was paid on Wednesday, October 9th. Investors of record on Wednesday, October 9th were issued a dividend of $0.289 per share. This is a positive change from Brambles’s previous Final dividend of $0.22. This represents a yield of 1.59%. The ex-dividend date was Tuesday, September 10th. Brambles’s dividend payout ratio 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.