Nigel Garrard Buys 25,000 Shares of Treasury Wine Estates (ASX:TWE) Stock

Treasury Wine Estates Limited (ASX:TWE) insider Nigel Garrard bought 25,000 shares of the firm’s stock in a transaction that occurred 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 bought 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 stock was bought 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 stock was bought at an average cost of A$7.75 per share, for a total transaction of A$19,375.00.

Treasury Wine Estates Price Performance

The firm has a market capitalization 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. The company has a quick ratio of 0.94, a current ratio of 2.12 and a debt-to-equity ratio of 46.99.

Treasury Wine Estates Increases Dividend

The firm also recently declared a Final dividend, which was paid on Wednesday, October 1st. Shareholders of record on Wednesday, October 1st were paid a $0.20 dividend. This represents a yield of 258.0%. The ex-dividend date was Tuesday, August 26th. This is a boost from Treasury Wine Estates’s previous Final dividend of $0.19. Treasury Wine Estates’s dividend payout ratio (DPR) is currently 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.