Treasury Wine Estates Ltd. (OTCMKTS:TSRYY) Declares Dividend Increase - $0.04 Per Share

Key Points

• Treasury Wine Estates Ltd. declared a dividend increase to $0.04 per share, marking a 3.2% rise from its previous dividend amount.
• The company has a dividend yield of 426.0%, with the dividend to be paid on October 14th to investors of record as of August 29th.
• Treasury Wine Estates' stock is currently trading at $5.22, with a market capitalization of $4.24 billion.

Treasury Wine Estates Ltd. (OTCMKTS:TSRYY - Get Free Report) announced a dividend on Friday, August 22nd, investing.com reports. Investors of record on Friday, August 29th will be given a dividend of 0.0393 per share on Tuesday, October 14th. This represents a dividend yield of 426.0%. The ex-dividend date of this dividend is Thursday, August 28th. This is a 3.2% increase from Treasury Wine Estates's previous dividend of $0.04.

Treasury Wine Estates Stock Performance

TSRYY opened at $5.22 on Friday. The company's 50 day simple moving average is $5.14 and its 200 day simple moving average is $5.67. Treasury Wine Estates has a 1 year low of $4.76 and a 1 year high of $8.63. The stock has a market capitalization of $4.24 billion and a PE ratio of -33.46.

Treasury Wine Estates Company Profile

Treasury Wine Estates Limited operates as a wine company primarily in Australia, New Zealand, Asia, Europe, the United Kingdom, the Middle East, Africa, and the Americas. 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 19 Crimes, Acacia Vineyard, Annie's Lane, Beaulieu Vineyard, Belcreme de Lys, Beringer Vineyards, Blossom Hill, Cavaliere d'Oro, Coldstream Hills, Devil's Lair, EMBRAZEN, Etude, Fifth Leg, Heemskerk, Hewitt Vineyard, Ingoldby, Jamieson's Run, Killawarra, Leo Buring, Lindeman's, Maison de Grand Esprit, Matua, Penfolds, Pepperjack, Rawson's Retreat, Rosemount Estate, Run Riot, Saltram, Samuel Wynn & Co, Secret Stone, Seppelt, Shingle Peak, Sledgehammer, Squealing pig, St Huberts, Stags' Leap Winery, Stellina di Notte, Sterling Vineyards, T'Gallant, The Walking Dead Wine, Wolf Blass, Wynns Coonawarra Estate, and Yellowglen.

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