Sharon Warburton Buys 515 Shares of Wesfarmers (ASX:WES) Stock

Wesfarmers Limited (ASX:WES) insider Sharon Warburton purchased 515 shares of the business’s stock in a transaction on Friday, February 20th. The stock was purchased at an average cost of A$83.99 per share, with a total value of A$43,253.82.

Wesfarmers Stock Performance

The company has a quick ratio of 0.32, a current ratio of 1.14 and a debt-to-equity ratio of 131.37. The stock has a market cap of $88.65 billion, a PE ratio of 34.67, a PEG ratio of 4.51 and a beta of 0.83.

Wesfarmers Increases Dividend

The business also recently declared a Interim dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 30th will be given a dividend of $1.02 per share. This represents a yield of 121.0%. The ex-dividend date is Monday, February 23rd. This is a positive change from Wesfarmers’s previous Interim dividend of $0.40. Wesfarmers’s dividend payout ratio is 87.61%.

Wesfarmers Company Profile

Wesfarmers Limited engages in the retail business in Australia, New Zealand, and internationally. The company is involved in the retail sale of building materials, home and garden improvement, lifestyle, and outdoor living products; apparel and general merchandise, including toys, leisure, entertainment, home, and consumables; and office products and solutions, such as stationery, technology, furniture, art supplies, and learning and development resources, as well as print and create, and technical support services through its Officeworks stores.