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

Treasury Wine Estates Limited (ASX:TWE) insider John Mullen acquired 11,185 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The shares were acquired at an average price of A$10.73 ($6.79) per share, with a total value of A$119,992.68 ($75,944.73).

Treasury Wine Estates Stock Performance

The company has a quick ratio of 0.94, a current ratio of 2.12 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 disclosed a Interim dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, April 1st will be given a $0.20 dividend. This represents a yield of 1.85%. This is a boost from Treasury Wine Estates’s previous Interim dividend of $0.17. The ex-dividend date of this dividend is Tuesday, March 4th. Treasury Wine Estates’s 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.