QBE Insurance Group Limited (ASX:QBE) Insider Michael (Mike) Wilkins Buys 3,252 Shares of Stock

QBE Insurance Group Limited (ASX:QBE) insider Michael (Mike) Wilkins purchased 3,252 shares of the firm’s stock in a transaction on Monday, February 24th. The stock was bought at an average cost of A$21.00 ($13.04) per share, for a total transaction of A$68,292.00 ($42,417.39).

QBE Insurance Group Price Performance

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

QBE Insurance Group Increases Dividend

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

About QBE Insurance Group

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.