Tan Le Buys 651 Shares of QBE Insurance Group Limited (ASX:QBE) Stock

QBE Insurance Group Limited (ASX:QBEGet Free Report) insider Tan Le bought 651 shares of the business’s stock in a transaction that occurred on Monday, May 12th. The stock was purchased at an average cost of A$22.38 ($14.35) per share, for a total transaction of A$14,568.73 ($9,338.93).

QBE Insurance Group Price Performance

The stock has a market capitalization of $18.81 billion, a price-to-earnings ratio of 11.08, a price-to-earnings-growth ratio of 0.44 and a beta of 0.69.

QBE Insurance Group Increases Dividend

The company also recently announced a Final dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, April 10th were given a $0.63 dividend. This is a positive change from QBE Insurance Group’s previous Final dividend of $0.48. This represents a dividend yield of 2.99%. The ex-dividend date was Tuesday, March 4th. QBE Insurance Group’s dividend payout ratio (DPR) is 28.57%.

About QBE Insurance Group

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for QBE Insurance Group (ASX:QBE)

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