Wesfarmers (ASX:WES) Insider Buys A$43,253.82 in Stock

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

Wesfarmers Stock Performance

The company has a market cap of $88.65 billion, a P/E ratio of 34.67, a P/E/G ratio of 4.51 and a beta of 0.83. The company has a current ratio of 1.14, a quick ratio of 0.32 and a debt-to-equity ratio of 131.37.

Wesfarmers Increases Dividend

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