Treasury Wine Estates Ltd (ASX:TWE) Raises Dividend to $0.20 Per Share

Treasury Wine Estates Ltd (ASX:TWE) announced a interim dividend on Thursday, February 13th, MarketIndexAU reports. Investors of record on Friday, April 3rd will be paid a dividend of 0.20 per share on Friday, April 3rd. This represents a dividend yield of 1.79%. The ex-dividend date of this dividend is Wednesday, March 4th. This is a boost from Treasury Wine Estates’s previous interim dividend of $0.18.

Shares of TWE opened at A$11.29 ($8.01) on Friday. The company has a debt-to-equity ratio of 48.41, a quick ratio of 1.38 and a current ratio of 2.60. Treasury Wine Estates has a one year low of A$11.65 ($8.26) and a one year high of A$19.47 ($13.81). The stock has a market capitalization of $8.13 billion and a price-to-earnings ratio of 19.77. The stock has a 50 day moving average price of A$15.34 and a 200 day moving average price of A$17.14.

About Treasury Wine Estates

Treasury Wine Estates Limited operates as a wine company in Australia, New Zealand, Asia, Europe, and the Americas. It engages in the viticulture and winemaking; and marketing, sale, and distribution of wine. The company's wine portfolio includes luxury, masstige, and commercial wine brands, such as Penfolds, Beringer, Lindeman's, Wolf Blass, 19 Crimes, Chateau St Jean, Beaulieu Vineyard, and Sterling Vineyards.

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