Treasury Wine Estates Limited (ASX:TWE) Insider Buys A$119,992.68 in Stock

Treasury Wine Estates Limited (ASX:TWE) insider John Mullen purchased 11,185 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The stock was bought at an average cost of A$10.73 ($6.71) per share, for a total transaction of A$119,992.68 ($74,995.43).

Treasury Wine Estates Stock Performance

The company has a current ratio of 2.12, a quick ratio of 0.94 and a debt-to-equity ratio of 46.99. The stock has a market capitalization of $8.53 billion, a price-to-earnings ratio of 86.61, a price-to-earnings-growth ratio of 1.81 and a beta of 0.27.

Treasury Wine Estates Increases Dividend

The business also recently declared a Interim dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, April 1st will be given a dividend of $0.20 per share. This represents a dividend yield of 1.85%. The ex-dividend date is Tuesday, March 4th. This is an increase from Treasury Wine Estates’s previous Interim dividend of $0.17. Treasury Wine Estates’s dividend payout ratio is 276.92%.

About Treasury Wine Estates

Treasury Wine Estates Limited operates as a wine company primarily in Australia, the United States, the United Kingdom, and internationally. The company engages in the viticulture and winemaking; and marketing, sale, and distribution of wine. Its wine portfolio includes luxury, premium and commercial wine brands, such as Penfolds, DAOU Vineyards, Wolf Blass, 19 Crimes, St Hubert’s The Stag, Lindeman’s, Squealing pig, Blossom Hill, Frank Family Vineyards, Pepperjack, Wynns, Matua, Seppelt, Beringer, Etude, Sterling Vineyards, Beaulieu Vineyard, Stags’ Leap, Beringer Bros, and Castello di Gabbiano.