Whitehaven Coal (ASX:WHC) Insider Purchases A$78,400.00 in Stock

Whitehaven Coal Limited (ASX:WHC) insider Michael(Mick) McCormack bought 10,000 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were bought at an average price of A$7.84 per share, with a total value of A$78,400.00.

Whitehaven Coal Price Performance

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

Whitehaven Coal Announces Dividend

The company also recently disclosed a Interim dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, March 12th will be given a $0.04 dividend. The ex-dividend date is Wednesday, February 25th. This represents a dividend yield of 51.0%. Whitehaven Coal’s dividend payout ratio is currently 45.45%.

Whitehaven Coal Company Profile

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. The company sells coal in Japan, Korea, Taiwan, Malaysia, New Caledonia, Vietnam, Indonesia, Europe, and internationally.