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

QBE Insurance Group Limited (ASX:QBE) insider Michael (Mike) Wilkins acquired 3,252 shares of QBE Insurance Group stock in a transaction that occurred on Monday, February 24th. The shares were purchased 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 firm has a market cap of $18.81 billion, a PE 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 firm also recently announced a Final dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, April 10th will be paid a dividend of $0.63 per share. This represents a yield of 2.99%. This is a boost from QBE Insurance Group’s previous Final dividend of $0.48. The ex-dividend date of this dividend is Tuesday, March 4th. QBE Insurance Group’s dividend payout ratio is presently 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.