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

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

Brambles Stock Performance

The stock has a market cap of $16.85 billion, a price-to-earnings ratio of 21.92, a PEG 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 business also recently declared a Interim dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, April 9th will be given a dividend of $0.303 per share. The ex-dividend date is Tuesday, March 11th. This is a boost from Brambles’s previous Interim dividend of $0.23. This represents a dividend yield of 1.53%. Brambles’s dividend payout ratio (DPR) is currently 62.65%.

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.