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 QBE Insurance Group stock in a transaction dated Monday, February 24th. The stock was acquired at an average cost of A$21.00 ($13.29) per share, for a total transaction of A$68,292.00 ($43,222.78).

QBE Insurance Group Stock Performance

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

QBE Insurance Group Increases Dividend

The firm also recently announced a Final dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, April 10th will be given a dividend of $0.63 per share. This is a boost from QBE Insurance Group’s previous Final dividend of $0.48. The ex-dividend date is Tuesday, March 4th. This represents a dividend yield of 2.99%. QBE Insurance Group’s payout ratio is presently 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.