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

Bravura Solutions Limited (ASX:BVS) insider Damien Leonard bought 433,888 shares of the business’s stock in a transaction that occurred on Friday, March 21st. The stock was purchased at an average price 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 purchased at an average price of A$2.24 ($1.41) per share, with a total value of A$468,601.28 ($294,717.79).

Bravura Solutions Price Performance

The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 142.01 and a beta of 0.56. The company has a current ratio of 1.97, a quick ratio of 1.45 and a debt-to-equity ratio of 13.02.

Bravura Solutions Increases Dividend

The firm also recently disclosed 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 represents a yield of 3.78%. The ex-dividend date is Thursday, March 27th. This is an increase from Bravura Solutions’s previous Interim dividend of $0.03. Bravura Solutions’s dividend payout ratio (DPR) is presently 800.00%.

About Bravura Solutions

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.