Gary Smith Acquires 3,000 Shares of Flight Centre Travel Group Limited (ASX:FLT) Stock

Flight Centre Travel Group Limited (ASX:FLT) insider Gary Smith acquired 3,000 shares of the stock in a transaction on Thursday, March 13th. The shares were purchased at an average price of A$13.88 ($8.84) per share, with a total value of A$41,640.00 ($26,522.29).

Flight Centre Travel Group Stock Performance

The stock has a market cap of $3.91 billion, a P/E ratio of 28.13, a P/E/G ratio of -0.22 and a beta of 1.64. The company has a debt-to-equity ratio of 82.19, a quick ratio of 1.05 and a current ratio of 1.08.

Flight Centre Travel Group Increases Dividend

The company also recently disclosed a Interim dividend, which will be paid on Wednesday, April 16th. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.11 per share. This is an increase from Flight Centre Travel Group’s previous Interim dividend of $0.10. This represents a yield of 0.68%. The ex-dividend date is Tuesday, March 25th. Flight Centre Travel Group’s payout ratio is currently 80.00%.

About Flight Centre Travel Group

Flight Centre Travel Group Limited provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries, as well as supplies products to its national and international network, or travel retail outlets.