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

Treasury Wine Estates Limited (ASX:TWE) insider John Mullen bought 11,185 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The shares were bought at an average cost of A$10.73 ($6.66) per share, for a total transaction of A$119,992.68 ($74,529.61).

Treasury Wine Estates Stock Performance

The firm has a market capitalization of $8.53 billion, a P/E ratio of 86.61, a PEG ratio of 1.81 and a beta of 0.27. The company has a debt-to-equity ratio of 46.99, a current ratio of 2.12 and a quick ratio of 0.94.

Treasury Wine Estates Increases Dividend

The business also recently announced a Interim dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, April 1st will be issued a dividend of $0.20 per share. This represents a yield of 1.85%. This is a positive change from Treasury Wine Estates’s previous Interim dividend of $0.17. The ex-dividend date is Tuesday, March 4th. Treasury Wine Estates’s dividend payout ratio (DPR) 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.