Insider Buying: Whitehaven Coal Limited (ASX:WHC) Insider Buys 12,000 Shares of Stock

Whitehaven Coal Limited (ASX:WHC – Get Rating) insider Wallis Graham purchased 12,000 shares of the firm’s stock in a transaction dated Wednesday, March 8th. The stock was bought at an average cost of A$7.13 ($4.76) per share, with a total value of A$85,596.00 ($57,064.00).

Whitehaven Coal Price Performance

The company has a debt-to-equity ratio of 4.13, a current ratio of 2.00 and a quick ratio of 1.78.

Whitehaven Coal Increases Dividend

The business also recently announced a Interim dividend, which was paid on Thursday, March 9th. Stockholders of record on Thursday, March 9th were issued a $0.32 dividend. This represents a dividend yield of 4.27%. The ex-dividend date of this dividend was Wednesday, February 22nd. This is a positive change from Whitehaven Coal’s previous Interim dividend of $0.08. Whitehaven Coal’s dividend payout ratio (DPR) is currently 19.46%.

Whitehaven Coal Company Profile

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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.