Tabcorp Holdings Limited (ASX:TAH) Insider Purchases A$115,043.34 in Stock

Tabcorp Holdings Limited (ASX:TAH) insider Paula Dwyer acquired 45,834 shares of the stock in a transaction dated Wednesday, March 18th. The shares were bought at an average cost of A$2.51 ($1.78) per share, with a total value of A$115,043.34 ($81,591.02).

Tabcorp Holdings Limited has a 52-week low of A$3.58 ($2.54) and a 52-week high of A$4.98 ($3.53). The firm has a market capitalization of $4.74 billion and a P/E ratio of 12.45. The company has a debt-to-equity ratio of 59.43, a quick ratio of 0.32 and a current ratio of 0.51. The stock’s 50 day moving average is A$4.08 and its 200-day moving average is A$4.57.

The business also recently disclosed a Interim dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 18th were given a dividend of $0.11 per share. This represents a dividend yield of 2.58%. The ex-dividend date was Monday, February 24th. Tabcorp’s dividend payout ratio is presently 117.02%.

About Tabcorp

Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. The company operates in four segments: Wagering and Media, Lotteries and Keno, Gaming Services, and Sun Bets. The Wagering and Media segment is involved in the provision of totalizator and fixed odds betting products on racing, sporting, and other events; and operating a network of TAB and UBET agencies, hotels and clubs, and on-course operations.

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