Treasury Wine Estates Limited (ASX:TWE) Announces Dividend Increase – $0.20 Per Share

Treasury Wine Estates Limited (ASX:TWE) announced a interim dividend on Friday, February 14th, MarketIndexAU Dividends reports. Stockholders of record on Tuesday, April 1st will be given a dividend of 0.20 per share on Tuesday, April 1st. This represents a dividend yield of 1.85%. The ex-dividend date is Tuesday, March 4th. This is a boost from Treasury Wine Estates’s previous interim dividend of $0.17.

Treasury Wine Estates Stock Performance

The company has a market capitalization of $8.53 billion, a PE ratio of 86.61, a price-to-earnings-growth ratio of 1.81 and a beta of 0.27. The company has a debt-to-equity ratio of 46.99, a quick ratio of 0.94 and a current ratio of 2.12.

Insider Transactions at Treasury Wine Estates

In related news, insider John Mullen purchased 11,185 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The stock was acquired at an average price of A$10.73 ($6.66) per share, for a total transaction of A$119,992.68 ($74,529.61). Corporate insiders own 1.77% of the company’s stock.

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.