Neil Maidment Acquires 506 Shares of QBE Insurance Group Limited (ASX:QBE) Stock

QBE Insurance Group Limited (ASX:QBE) insider Neil Maidment bought 506 shares of the business’s stock in a transaction on Monday, May 12th. The shares were acquired at an average price of A$22.38 ($14.35) per share, for a total transaction of A$11,323.77 ($7,258.83).

QBE Insurance Group Stock Performance

The stock has a market cap of $18.81 billion, a PE ratio of 11.08, a PEG ratio of 0.44 and a beta of 0.69.

QBE Insurance Group Increases Dividend

The firm also recently announced a Final dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, April 10th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This is an increase from QBE Insurance Group’s previous Final dividend of $0.48. This represents a yield of 2.99%. QBE Insurance Group’s dividend payout ratio is presently 28.57%.

QBE Insurance Group Company Profile

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.