Damien Leonard Acquires 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 shares were 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 purchased 209,197 shares of Bravura Solutions stock. The shares were purchased at an average cost of A$2.24 ($1.41) per share, for a total transaction of A$468,601.28 ($294,717.79).

Bravura Solutions Price Performance

The company has a market cap of $1.25 billion, a PE 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 declared a Interim dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be paid a dividend of $0.105 per share. This is a boost from Bravura Solutions’s previous Interim dividend of $0.03. This represents a dividend yield of 3.78%. The ex-dividend date is Thursday, March 27th. Bravura Solutions’s dividend payout ratio is presently 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.