Insider Selling: Brambles Limited (ASX:BXB) Insider Sells A$3,650,879.60 in Stock

Brambles Limited (ASX:BXB) insider Graham Chipchase sold 201,228 shares of the stock in a transaction on Friday, October 25th. The stock was sold at an average price of A$18.14 ($11.94), for a total transaction of A$3,650,879.60 ($2,401,894.48).

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

• On Monday, September 30th, Graham Chipchase acquired 24 shares of Brambles stock. The shares were bought at an average cost of A$18.79 ($12.36) per share, with a total value of A$451.01 ($296.72).
• On Friday, August 30th, Graham Chipchase acquired 24 shares of Brambles stock. The shares were bought at an average cost of A$18.13 ($11.92) per share, with a total value of A$435.00 ($286.18).
• On Wednesday, July 31st, Graham Chipchase bought 28 shares of Brambles stock. The stock was acquired at an average cost of A$15.36 ($10.10) per share, with a total value of A$430.00 ($282.89).

Brambles Price Performance

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 announced a Final dividend, which was paid on Wednesday, October 9th. Investors of record on Wednesday, October 9th were given a $0.289 dividend. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a yield of 1.59%. This is an increase from Brambles’s previous Final dividend of $0.22. Brambles’s dividend payout ratio (DPR) 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.