Treasury Wine Estates Limited (ASX:TWE) Announces Dividend Increase – $0.20 Per Share

Treasury Wine Estates Limited (ASX:TWE) declared a interim dividend on Friday, February 14th,MarketIndexAU Dividends reports. Shareholders of record on Tuesday, April 1st will be paid a dividend of 0.20 per share on Tuesday, April 1st. This represents a yield of 1.85%. The ex-dividend date of this dividend is Tuesday, March 4th. This is an increase from Treasury Wine Estates’s previous interim dividend of $0.17.

Treasury Wine Estates Price Performance

The company has a debt-to-equity ratio of 46.99, a quick ratio of 0.94 and a current ratio of 2.12. The company has a market cap of $8.53 billion, a PE ratio of 86.61, a PEG ratio of 1.81 and a beta of 0.27.

Treasury Wine Estates Company Profile

Treasury Wine Estates Limited operates as a wine company primarily in Australia, the United States, the United Kingdom, and internationally. The company engages in the viticulture and winemaking; and marketing, sale, and distribution of wine. Its wine portfolio includes luxury, premium and commercial wine brands, such as Penfolds, DAOU Vineyards, Wolf Blass, 19 Crimes, St Hubert’s The Stag, Lindeman’s, Squealing pig, Blossom Hill, Frank Family Vineyards, Pepperjack, Wynns, Matua, Seppelt, Beringer, Etude, Sterling Vineyards, Beaulieu Vineyard, Stags’ Leap, Beringer Bros, and Castello di Gabbiano.