Nigel Garrard Buys 2,500 Shares of Treasury Wine Estates (ASX:TWE) Stock

Treasury Wine Estates Limited (ASX:TWE) insider Nigel Garrard acquired 2,500 shares of Treasury Wine Estates stock in a transaction that occurred on Friday, August 15th. The shares were purchased at an average cost of A$7.75 per share, with a total value of A$19,375.00.

Nigel Garrard also recently made the following trade(s):

• On Thursday, August 14th, Nigel Garrard bought 7,500 shares of Treasury Wine Estates stock. The stock was purchased at an average price of A$7.77 per share, for a total transaction of A$58,275.00.

Treasury Wine Estates Price Performance

The company has a debt-to-equity ratio of 46.99, a quick ratio of 0.94 and a current ratio of 2.12. The firm has a market cap of $8.53 billion, a P/E 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 firm also recently disclosed a Final dividend, which will be paid on Wednesday, October 1st. Investors of record on Wednesday, October 1st will be given a $0.20 dividend. This represents a dividend yield of 258.0%. This is a boost from Treasury Wine Estates’s previous Final dividend of $0.19. The ex-dividend date is Tuesday, August 26th. Treasury Wine Estates’s dividend payout ratio (DPR) is 276.92%.

Treasury Wine Estates Company Profile

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.