Insider Buying: Treasury Wine Estates (ASX:TWE) Insider Purchases A$159,000.00 in Stock

Treasury Wine Estates Limited (ASX:TWE) insider Nigel Garrard purchased 25,000 shares of Treasury Wine Estates stock in a transaction on Monday, October 20th. The stock was bought at an average cost of A$6.36 per share, for a total transaction of A$159,000.00.

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

• On Wednesday, October 22nd, Nigel Garrard purchased 7,500 shares of Treasury Wine Estates stock. The stock was bought at an average cost of A$6.11 per share, for a total transaction of A$45,825.00.
• On Thursday, August 14th, Nigel Garrard bought 7,500 shares of Treasury Wine Estates stock. The shares were acquired at an average cost of A$7.77 per share, for a total transaction of A$58,275.00.
• On Friday, August 15th, Nigel Garrard bought 2,500 shares of Treasury Wine Estates stock. The shares were acquired at an average cost of A$7.75 per share, for a total transaction of A$19,375.00.

Treasury Wine Estates Stock 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 stock has a market capitalization of $8.53 billion, a price-to-earnings ratio of 86.61, a PEG ratio of 1.81 and a beta of 0.27.

Treasury Wine Estates Increases Dividend

The firm 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 is a boost from Treasury Wine Estates’s previous Final dividend of $0.19. The ex-dividend date of this dividend was Tuesday, August 26th. This represents a dividend yield of 258.0%. Treasury Wine Estates’s dividend payout ratio 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.