Insider Buying: Whitehaven Coal Limited (ASX:WHC) Insider Buys A$60,000.00 in Stock

Whitehaven Coal Limited (ASX:WHCGet Free Report) insider Michael(Mick) McCormack acquired 10,000 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The stock was bought 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 Price Performance

The company has a current ratio of 0.71, a quick ratio of 1.78 and a debt-to-equity ratio of 35.88.

Whitehaven Coal Cuts Dividend

The company also recently disclosed a Final dividend, which was paid on Monday, September 16th. Investors of record on Monday, September 16th were issued a dividend of $0.13 per share. This represents a dividend yield of 1.99%. The ex-dividend date was Tuesday, September 3rd. Whitehaven Coal’s dividend payout ratio is currently 45.45%.

Whitehaven Coal Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Whitehaven Coal (ASX:WHC)

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