Brambles Limited (ASX:BXB) Increases Dividend to $0.17 Per Share

Brambles Limited (ASX:BXB) declared a interim dividend on Friday, September 13th, MarketIndexAU reports. Stockholders of record on Tuesday, October 22nd will be given a dividend of 0.17 per share on Tuesday, October 22nd. This represents a dividend yield of 1.51%. The ex-dividend date is Monday, October 14th. This is a boost from Brambles’s previous interim dividend of $0.15.

ASX BXB opened at A$11.60 ($8.23) on Friday. Brambles has a 12 month low of A$9.82 ($6.96) and a 12 month high of A$13.47 ($9.55). The company has a 50-day moving average of A$11.95 and a 200-day moving average of A$12.21. The company has a debt-to-equity ratio of 57.78, a current ratio of 1.60 and a quick ratio of 1.54. The company has a market cap of $18.43 billion and a P/E ratio of 12.64.

In other news, insider Graham Chipchase 168,432 shares of Brambles stock in a transaction dated Monday, September 2nd.

Brambles Company Profile

Brambles Limited provides supply-chain logistics solutions based on the provision of reusable pallets, crates, and containers for shared use by various participants in the supply chain. The company operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; CHEP Australia, New Zealand and Asia, excluding India; and IFCO segments.

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