Myer Holdings Limited (ASX:MYR) Insider Gary Weiss Acquires 43,212 Shares of Stock

Myer Holdings Limited (ASX:MYR) insider Gary Weiss bought 43,212 shares of the company’s stock in a transaction on Thursday, February 6th. The shares were bought at an average price of A$0.84 ($0.53) per share, with a total value of A$36,298.08 ($22,973.47).

Myer Stock Performance

The company has a market capitalization of $1.43 billion, a P/E ratio of 15.57, a P/E/G ratio of 0.47 and a beta of 2.07. The company has a current ratio of 0.90, a quick ratio of 0.40 and a debt-to-equity ratio of 638.94.

Myer Increases Dividend

The firm also recently declared a Interim dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 19th will be paid a dividend of $0.025 per share. The ex-dividend date is Thursday, January 23rd. This is an increase from Myer’s previous Interim dividend of $0.01. This represents a dividend yield of 2.81%. Myer’s dividend payout ratio (DPR) is 80.00%.

About Myer

Myer Holdings Limited, together with its subsidiaries, engages in the operation of offline and online department stores under the Myer brand name in Australia. It offers womenswear, menswear, kids wear, homewares, beauty products, travel products, electrical goods, toys, and gift products. The company also provides beauty, grooming, gift registry, clothes alteration, formal hire, and breast cancer screening services; and operates in-store cafés and restaurants.