Qantas Airways Limited (ASX:QAN) Insider Acquires A$122,417.68 in Stock

Qantas Airways Limited (ASX:QANGet Free Report) insider John Mullen bought 12,859 shares of the firm’s stock in a transaction on Friday, February 28th. The stock was purchased at an average cost of A$9.52 ($6.03) per share, with a total value of A$122,417.68 ($77,479.54).

Qantas Airways Stock Performance

The company has a debt-to-equity ratio of 2,280.62, a quick ratio of 0.42 and a current ratio of 0.34. The firm has a market cap of $14.01 billion, a price-to-earnings ratio of 11.57, a P/E/G ratio of 0.12 and a beta of 1.17.

Qantas Airways Increases Dividend

The business also recently disclosed a Interim dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th will be issued a dividend of $0.264 per share. This represents a dividend yield of 2.77%. This is a boost from Qantas Airways’s previous Interim dividend of $0.14. The ex-dividend date of this dividend is Monday, March 10th. Qantas Airways’s payout ratio is presently 34.67%.

Qantas Airways Company Profile

(Get Free Report)

Qantas Airways Limited provides air transportation services in Australia and internationally. The company operates through Qantas Domestic, Qantas International, Jetstar Group, and Qantas Loyalty segments. It offers passengers and air freight, and air cargo and express freight services; and customer loyalty recognition programs.

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