Insider Buying: Qube Holdings Limited (ASX:QUB) Insider Purchases 4,422 Shares of Stock

Qube Holdings Limited (ASX:QUB) insider Alan Miles purchased 4,422 shares of Qube stock in a transaction dated Monday, March 24th. The stock was acquired at an average price of A$3.81 ($2.40) per share, with a total value of A$16,847.82 ($10,596.11).

Qube Price Performance

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

Qube Increases Dividend

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

About Qube

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.