Brambles Limited (ASX:BXB) Increases Dividend to $0.22 Per Share
Posted by MarketBeat News on Sep 12th, 2023
Brambles Limited (ASX:BXB – Get Free Report) declared a final dividend on Tuesday, September 12th, MarketIndexAU reports. Shareholders of record on Wednesday, October 11th will be given a dividend of 0.218 per share on Wednesday, October 11th. This represents a yield of 1.44%. The ex-dividend date is Tuesday, September 12th. This is a boost from Brambles’s previous final dividend of $0.17.
Brambles Stock Performance
The company has a debt-to-equity ratio of 100.50, a quick ratio of 0.52 and a current ratio of 0.48.
Insider Activity
In related news, insider Nessa O’Sullivan 73,210 shares of the company’s stock in a transaction on Wednesday, September 6th. Insiders have bought 107 shares of company stock valued at $1,539 over the last 90 days. 0.37% of the stock is owned by company insiders.
About Brambles
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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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