Graham Turner Purchases 356,264 Shares of Flight Centre Travel Group Limited (ASX:FLT) Stock

Flight Centre Travel Group Limited (ASX:FLT) insider Graham Turner purchased 356,264 shares of the stock in a transaction on Tuesday, March 18th. The stock was acquired at an average price of A$14.04 ($8.83) per share, with a total value of A$5,000,521.50 ($3,144,982.08).

Flight Centre Travel Group Stock Performance

The company has a quick ratio of 1.05, a current ratio of 1.08 and a debt-to-equity ratio of 82.19. The firm has a market capitalization of $3.91 billion, a PE ratio of 28.13, a PEG ratio of -0.22 and a beta of 1.64.

Flight Centre Travel Group Increases Dividend

The business also recently declared a Interim dividend, which will be paid on Wednesday, April 16th. Investors of record on Wednesday, April 16th will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Tuesday, March 25th. This is a positive change from Flight Centre Travel Group’s previous Interim dividend of $0.10. This represents a yield of 0.68%. Flight Centre Travel Group’s payout ratio is 80.00%.

Flight Centre Travel Group Company Profile

Flight Centre Travel Group Limited provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries, as well as supplies products to its national and international network, or travel retail outlets.