Nigel Garrard Acquires 7,500 Shares of Treasury Wine Estates (ASX:TWE) Stock

Treasury Wine Estates Limited (ASX:TWE) insider Nigel Garrard purchased 7,500 shares of the stock in a transaction dated Wednesday, October 22nd. The shares were purchased at an average price of A$6.11 per share, with a total value of A$45,825.00.

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

• On Monday, October 20th, Nigel Garrard bought 25,000 shares of Treasury Wine Estates stock. The stock was bought at an average price of A$6.36 per share, with a total value of A$159,000.00.
• On Thursday, August 14th, Nigel Garrard bought 7,500 shares of Treasury Wine Estates stock. The stock was bought at an average price of A$7.77 per share, with a total value of A$58,275.00.
• On Friday, August 15th, Nigel Garrard purchased 2,500 shares of Treasury Wine Estates stock. The stock was acquired at an average price of A$7.75 per share, for a total transaction of A$19,375.00.

Treasury Wine Estates Price 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 company has a market cap 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 company also recently announced a Final dividend, which was paid on Wednesday, October 1st. Stockholders of record on Wednesday, October 1st were given a dividend of $0.20 per share. This represents a dividend yield of 258.0%. This is an increase from Treasury Wine Estates’s previous Final dividend of $0.19. The ex-dividend date was Tuesday, August 26th. Treasury Wine Estates’s payout ratio is presently 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.