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 the business’s stock in a transaction dated Monday, February 24th. The stock was acquired at an average price of A$21.00 ($13.04) per share, for a total transaction of A$68,292.00 ($42,417.39).

QBE Insurance Group Price 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 firm also recently disclosed a Final dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, April 10th will be given a $0.63 dividend. This is a positive change from QBE Insurance Group’s previous Final dividend of $0.48. This represents a dividend yield of 2.99%. The ex-dividend date is Tuesday, March 4th. QBE Insurance Group’s dividend payout ratio (DPR) is currently 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.