Treasury Wine Estates Ltd (ASX:TWE) insider Michael(Mike) Clarke acquired 452,205 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The shares were acquired at an average cost of A$17.08 ($12.11) per share, for a total transaction of A$7,723,661.40 ($5,477,774.04).
Treasury Wine Estates stock opened at A$18.35 ($13.01) on Friday. The company has a debt-to-equity ratio of 31.44, a current ratio of 2.45 and a quick ratio of 1.17. Treasury Wine Estates Ltd has a one year low of A$13.38 ($9.49) and a one year high of A$19.90 ($14.11). The stock has a market capitalization of $13.20 billion and a PE ratio of 31.58. The business’s fifty day moving average is A$16.72 and its 200 day moving average is A$15.83.
The firm also recently disclosed a Final dividend, which will be paid on Friday, October 4th. Investors of record on Friday, October 4th will be given a dividend of $0.20 per share. The ex-dividend date is Wednesday, September 4th. This represents a dividend yield of 1.17%. Treasury Wine Estates’s dividend payout ratio (DPR) is presently 60.24%.
Treasury Wine Estates Limited operates as a wine company in Australia, New Zealand, Asia, Europe, and the Americas. It engages in the viticulture and winemaking; and marketing, sale, and distribution of wine. The company's wine portfolio includes luxury, masstige, and commercial wine brands, such as Penfolds, Beringer, Lindeman's, Wolf Blass, 19 Crimes, Chateau St Jean, Beaulieu Vineyard, and Sterling Vineyards.
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