Whitehaven Coal Limited (ASX:WHC) Insider Acquires A$33,480.00 in Stock

Whitehaven Coal Limited (ASX:WHC) insider Wallis Graham bought 6,000 shares of the firm’s stock in a transaction on Tuesday, February 25th. The stock was bought at an average cost of A$5.58 ($3.47) per share, for a total transaction of A$33,480.00 ($20,795.03).

Whitehaven Coal Stock Performance

The company has a debt-to-equity ratio of 35.88, a quick ratio of 1.78 and a current ratio of 0.71. The company has a market capitalization of $4.77 billion, a PE ratio of 13.13, a PEG ratio of 0.71 and a beta of 0.15.

Whitehaven Coal Increases Dividend

The company also recently disclosed a Interim dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, March 13th will be issued a $0.09 dividend. This is an increase from Whitehaven Coal’s previous Interim dividend of $0.07. This represents a dividend yield of 1.59%. The ex-dividend date of this dividend is Wednesday, February 26th. Whitehaven Coal’s dividend payout ratio is presently 45.45%.

About Whitehaven Coal

Whitehaven Coal Limited develops and operates coal mines in New South Wales and Queensland. It operates through three segments: Open Cut Operations, Underground Operations, and Coal Trading and Blending. The company produces metallurgical and thermal coal. It operates four mines, including three open cut and one underground located in the Gunnedah Coal Basin in New South Wales.