Damien Leonard Purchases 433,888 Shares of Bravura Solutions Limited (ASX:BVS) Stock

Bravura Solutions Limited (ASX:BVS) insider Damien Leonard acquired 433,888 shares of Bravura Solutions stock in a transaction on Friday, March 21st. The stock was purchased at an average cost of A$2.30 ($1.45) per share, with a total value of A$997,074.62 ($627,090.96).

Damien Leonard also recently made the following trade(s):

• On Wednesday, March 19th, Damien Leonard bought 209,197 shares of Bravura Solutions stock. The stock was acquired at an average price of A$2.24 ($1.41) per share, for a total transaction of A$468,601.28 ($294,717.79).

Bravura Solutions Stock Performance

The stock has a market cap of $1.25 billion, a P/E ratio of 142.01 and a beta of 0.56. The company has a quick ratio of 1.45, a current ratio of 1.97 and a debt-to-equity ratio of 13.02.

Bravura Solutions Increases Dividend

The firm also recently announced a Interim dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th will be given a dividend of $0.105 per share. The ex-dividend date of this dividend is Thursday, March 27th. This is a positive change from Bravura Solutions’s previous Interim dividend of $0.03. This represents a dividend yield of 3.78%. Bravura Solutions’s dividend payout ratio (DPR) is currently 800.00%.

Bravura Solutions Company Profile

Bravura Solutions Limited engages in the development, licensing, and maintenance of administration and management software applications for the wealth management and funds administration sectors in Australia, New Zealand, the United Kingdom, and internationally. The company operates through two segments: Wealth Management and Funds Administration.