QBE Insurance Group Limited (ASX:QBE) Insider Acquires A$68,292.00 in Stock

QBE Insurance Group Limited (ASX:QBE) insider Michael (Mike) Wilkins bought 3,252 shares of the company’s stock in a transaction dated Monday, February 24th. The stock was purchased at an average price of A$21.00 ($13.21) per share, for a total transaction of A$68,292.00 ($42,950.94).

QBE Insurance Group Stock Performance

The company has a market capitalization of $18.81 billion, a PE ratio of 11.08, a P/E/G ratio of 0.44 and a beta of 0.69.

QBE Insurance Group Increases Dividend

The company also recently announced a Final dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, April 10th will be paid a $0.63 dividend. This represents a dividend yield of 2.99%. The ex-dividend date of this dividend is Tuesday, March 4th. This is an increase from QBE Insurance Group’s previous Final dividend of $0.48. QBE Insurance Group’s dividend payout ratio is currently 28.57%.

QBE Insurance Group Company Profile

QBE Insurance Group Limited engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally. It offers range of commercial, personal, and specialty products, such as commercial and domestic property, agriculture, public/product liability, motor and motor casualty, professional indemnity, workers' compensation, accident, health, financial and credit, and other insurance products, as well as marine, energy and aviation insurance products, and risk management solutions.