Qantas Airways Limited (ASX:QAN) Insider John Mullen Acquires 12,859 Shares of Stock

Qantas Airways Limited (ASX:QAN) insider John Mullen acquired 12,859 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The shares were purchased at an average cost of A$9.52 ($5.99) per share, for a total transaction of A$122,417.68 ($76,992.25).

Qantas Airways Stock Performance

The stock has a market cap of $14.01 billion, a P/E ratio of 11.57, a PEG ratio of 0.12 and a beta of 1.17. The company has a current ratio of 0.34, a quick ratio of 0.42 and a debt-to-equity ratio of 2,280.62.

Qantas Airways Increases Dividend

The firm also recently disclosed a Interim dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be issued a $0.264 dividend. This is an increase from Qantas Airways’s previous Interim dividend of $0.14. The ex-dividend date of this dividend is Monday, March 10th. This represents a dividend yield of 2.77%. Qantas Airways’s dividend payout ratio (DPR) is presently 34.67%.

Qantas Airways Company Profile

Qantas Airways Limited provides air transportation services in Australia and internationally. The company operates through Qantas Domestic, Qantas International, Jetstar Group, and Qantas Loyalty segments. It offers passengers and air freight, and air cargo and express freight services; and customer loyalty recognition programs.