Roger Brown Buys 30,180 Shares of ARB Co. Limited (ASX:ARB) Stock

ARB Co. Limited (ASX:ARB) insider Roger Brown bought 30,180 shares of ARB stock in a transaction on Wednesday, March 12th. The stock was acquired at an average cost of A$33.13 ($20.97) per share, with a total value of A$999,893.58 ($632,844.04).

ARB Stock Performance

The stock has a market cap of $3.11 billion, a P/E ratio of 30.02, a price-to-earnings-growth ratio of -12.59 and a beta of 0.86. The company has a debt-to-equity ratio of 6.10, a current ratio of 4.10 and a quick ratio of 1.30.

ARB Announces Dividend

The business also recently declared a Interim dividend, which will be paid on Wednesday, April 16th. Stockholders of record on Wednesday, April 16th will be issued a dividend of $0.34 per share. This represents a dividend yield of 0.86%. The ex-dividend date is Tuesday, April 1st. ARB’s payout ratio is presently 56.00%.

About ARB

ARB Corporation Limited engages in the design, manufacture, distribution, and sale of motor vehicle accessories and light metal engineering works. The company provides bull bars, side rails and steps, canopies, UTE lids and tub accessories, roof racks, cross bars and carriers, suspension systems, driving lights, air compressors and tire accessories, air lockers, winches, recovery equipment and points, under vehicle protection products, fuel tanks and storage, drawers and cargo solutions, slide kitchen, portable fridge freezers, tents, swags and awnings, camping and touring accessories, safari snorkels, dual battery and solar systems, interior protection, and general accessories, as well as rear protection, towing, and wheel carriers.