Insider Buying: Qube Holdings Limited (ASX:QUB) Insider Buys 3,416 Shares of Stock

Qube Holdings Limited (ASX:QUB) insider James Fazzino acquired 3,416 shares of the stock in a transaction on Monday, March 31st. The shares were purchased at an average price of A$3.93 ($2.38) per share, for a total transaction of A$13,424.88 ($8,136.29).

Qube Price Performance

The company has a market cap of $7.29 billion, a P/E ratio of 32.06, a PEG ratio of 1.82 and a beta of 0.90. The company has a current ratio of 1.27, a quick ratio of 1.25 and a debt-to-equity ratio of 75.02.

Qube Increases Dividend

The firm also recently announced a Interim dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, April 9th will be given a dividend of $0.041 per share. This represents a dividend yield of 0.98%. The ex-dividend date is Monday, March 3rd. This is a positive change from Qube’s previous Interim dividend of $0.04. Qube’s dividend payout ratio is presently 69.23%.

Qube Company Profile

Qube Holdings Limited, together with its subsidiaries, provides logistics solutions for import and export supply chain in Australia, New Zealand, and internationally. The company's Operating division offers services relating to the import and export of primarily containerized cargo; provides various logistics services, which includes road and rail transport, warehousing and distribution, container parks, and related services, as well as operates intermodal logistics hubs, including rail terminals and international freight forwarding; owns and operates automotive terminals that provides automotive, general cargo, and break-bulk facilities; operates multi-user grain storage and handling facilities; and develops and operates an import-export rail terminal, and an interstate rail terminal at the Moorebank Logistics Park.