Insider Buying: Wesfarmers (ASX:WES) Insider Acquires 1,000 Shares of Stock

Wesfarmers Limited (ASX:WES) insider Julie Coates purchased 1,000 shares of Wesfarmers stock in a transaction that occurred on Friday, November 28th. The stock was acquired at an average cost of A$81.24 per share, with a total value of A$81,240.00.

Wesfarmers Stock Performance

The company has a market cap of $88.65 billion, a P/E ratio of 34.67, a price-to-earnings-growth 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 Announces Dividend

The firm also recently disclosed a Interim dividend, which was paid on Wednesday, December 3rd. Investors of record on Wednesday, December 3rd were given a dividend of $0.40 per share. This represents a dividend yield of 48.0%. The ex-dividend date of this dividend was Tuesday, November 4th. Wesfarmers’s dividend payout ratio is currently 87.61%.

About Wesfarmers

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.