Whitehaven Coal Limited (ASX:WHC – Get Free Report) insider Michael(Mick) McCormack purchased 10,000 shares of the company’s stock in a transaction on Friday, September 13th. The stock was acquired at an average cost of A$6.00 ($4.05) per share, for a total transaction of A$60,000.00 ($40,540.54).
Whitehaven Coal Stock Performance
The company has a quick ratio of 1.78, a current ratio of 0.71 and a debt-to-equity ratio of 35.88.
Whitehaven Coal Cuts Dividend
The business also recently announced a Final dividend, which was paid on Monday, September 16th. Investors of record on Monday, September 16th were paid a dividend of $0.13 per share. This represents a yield of 1.99%. The ex-dividend date of this dividend was Tuesday, September 3rd. Whitehaven Coal’s payout ratio is currently 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.
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