Bravura Solutions Limited (ASX:BVS) Insider Damien Leonard Buys 433,888 Shares

Bravura Solutions Limited (ASX:BVS) insider Damien Leonard purchased 433,888 shares of Bravura Solutions stock in a transaction dated Friday, March 21st. The stock was bought at an average cost of A$2.30 ($1.45) per share, for a total transaction of A$997,074.62 ($627,090.96).

Damien Leonard also recently made the following trade(s):

• On Wednesday, March 19th, Damien Leonard acquired 209,197 shares of Bravura Solutions stock. The shares were bought at an average cost of A$2.24 ($1.41) per share, with a total value of A$468,601.28 ($294,717.79).

Bravura Solutions Price Performance

The company has a debt-to-equity ratio of 13.02, a current ratio of 1.97 and a quick ratio of 1.45. The stock has a market cap of $1.25 billion, a PE ratio of 142.01 and a beta of 0.56.

Bravura Solutions Increases Dividend

The company also recently disclosed a Interim dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be issued a $0.105 dividend. This represents a dividend yield of 3.78%. The ex-dividend date of this dividend is Thursday, March 27th. This is an increase from Bravura Solutions’s previous Interim dividend of $0.03. Bravura Solutions’s payout ratio is currently 800.00%.

About Bravura Solutions

Bravura Solutions Limited engages in the development, licensing, and maintenance of administration and management software applications for the wealth management and funds administration sectors in Australia, New Zealand, the United Kingdom, and internationally. The company operates through two segments: Wealth Management and Funds Administration.