Myer Holdings Limited (ASX:MYR) Insider Gary Weiss Purchases 43,212 Shares

Myer Holdings Limited (ASX:MYR) insider Gary Weiss acquired 43,212 shares of Myer stock in a transaction that occurred on Thursday, February 6th. The stock was purchased at an average cost of A$0.84 ($0.53) per share, for a total transaction of A$36,298.08 ($22,828.98).

Myer Price Performance

The company has a quick ratio of 0.40, a current ratio of 0.90 and a debt-to-equity ratio of 638.94.

Myer Increases Dividend

The company also recently disclosed a Interim dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 19th will be given a $0.025 dividend. This is a positive change from Myer’s previous Interim dividend of $0.01. This represents a yield of 2.81%. The ex-dividend date of this dividend is Thursday, January 23rd. Myer’s dividend payout ratio is 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.