Michael(Mick) McCormack Buys 10,000 Shares of Whitehaven Coal (ASX:WHC) Stock

Whitehaven Coal Limited (ASX:WHC) insider Michael(Mick) McCormack bought 10,000 shares of the business’s stock in a transaction on Friday, February 20th. The stock was bought at an average cost of A$7.84 per share, for a total transaction of A$78,400.00.

Whitehaven Coal Stock Performance

The company has a market capitalization of $4.77 billion, a price-to-earnings ratio of 13.13, a P/E/G ratio of 0.71 and a beta of 0.15. The company has a current ratio of 0.71, a quick ratio of 1.78 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.