QBE Insurance Group Limited (ASX:QBE) Insider Buys A$10,763.82 in Stock

QBE Insurance Group Limited (ASX:QBE) insider Stephen Ferguson bought 481 shares of QBE Insurance Group stock in a transaction that occurred on Monday, May 12th. The stock was purchased at an average cost of A$22.38 ($14.34) per share, with a total value of A$10,763.82 ($6,899.88).

QBE Insurance Group Stock Performance

The stock has a market capitalization of $18.81 billion, a price-to-earnings ratio of 11.08, a P/E/G ratio of 0.44 and a beta of 0.69.

QBE Insurance Group Increases Dividend

The company also recently announced a Final dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, April 10th were paid a dividend of $0.63 per share. This is a boost from QBE Insurance Group’s previous Final dividend of $0.48. The ex-dividend date was Tuesday, March 4th. This represents a dividend yield of 2.99%. 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.