Myer Holdings Limited (ASX:MYR – Get Free Report) insider Gary Weiss acquired 43,212 shares of the company’s stock in a transaction on Thursday, February 6th. The shares were bought at an average cost of A$0.84 ($0.53) per share, with a total value of A$36,298.08 ($22,828.98).
Myer Stock Performance
The company has a debt-to-equity ratio of 638.94, a current ratio of 0.90 and a quick ratio of 0.40.
Myer Increases Dividend
The firm also recently declared a Interim dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 19th will be issued a $0.025 dividend. This is an increase from Myer’s previous Interim dividend of $0.01. The ex-dividend date of this dividend is Thursday, January 23rd. This represents a dividend yield of 2.81%. Myer’s dividend payout ratio (DPR) is presently 80.00%.
Myer Company Profile
Myer Holdings Limited, together with its subsidiaries, engages in the operation of offline and online department stores under the Myer brand name in Australia. It offers womenswear, menswear, kids wear, homewares, beauty products, travel products, electrical goods, toys, and gift products. The company also provides beauty, grooming, gift registry, clothes alteration, formal hire, and breast cancer screening services; and operates in-store cafés and restaurants.
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