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

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

Whitehaven Coal Price Performance

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

Whitehaven Coal Dividend Announcement

The firm also recently announced a Interim dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, March 12th will be paid a dividend of $0.04 per share. The ex-dividend date is Wednesday, February 25th. This represents a yield of 51.0%. Whitehaven Coal’s dividend payout ratio is presently 45.45%.

About Whitehaven Coal

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.