Whitehaven Coal Limited (ASX:WHC) Insider Buys A$18,240.00 in Stock

Whitehaven Coal Limited (ASX:WHC) insider Nicole Brook acquired 3,200 shares of the company’s stock in a transaction on Friday, February 21st. The shares were acquired at an average cost of A$5.70 ($3.61) per share, for a total transaction of A$18,240.00 ($11,544.30).

Whitehaven Coal Stock Performance

The company has a debt-to-equity ratio of 35.88, a quick ratio of 1.78 and a current ratio of 0.71. The stock has a market cap of $4.77 billion, a price-to-earnings ratio of 13.13, a price-to-earnings-growth ratio of 0.71 and a beta of 0.15.

Whitehaven Coal Increases Dividend

The business also recently announced a Interim dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, March 13th will be paid a $0.09 dividend. This represents a dividend yield of 1.59%. The ex-dividend date of this dividend is Wednesday, February 26th. This is a positive change from Whitehaven Coal’s previous Interim dividend of $0.07. Whitehaven Coal’s payout ratio is 45.45%.

About Whitehaven Coal

Whitehaven Coal Limited develops and operates coal mines in New South Wales and Queensland. It operates through three segments: Open Cut Operations, Underground Operations, and Coal Trading and Blending. The company produces metallurgical and thermal coal. It operates four mines, including three open cut and one underground located in the Gunnedah Coal Basin in New South Wales.