Wesfarmers (ASX:WES) Insider Sharon Warburton Acquires 515 Shares

Wesfarmers Limited (ASX:WES) insider Sharon Warburton purchased 515 shares of the stock in a transaction on Friday, February 20th. The stock was acquired 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 current ratio of 1.14, a quick ratio of 0.32 and a debt-to-equity ratio of 131.37. The stock has a market capitalization of $88.65 billion, a P/E 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 paid a $1.02 dividend. This represents a yield of 121.0%. This is a boost from Wesfarmers’s previous Interim dividend of $0.40. The ex-dividend date of this dividend is Monday, February 23rd. Wesfarmers’s payout ratio is presently 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.