Insider Buying: QBE Insurance Group Limited (ASX:QBE) Insider Purchases 660 Shares of Stock

QBE Insurance Group Limited (ASX:QBE) insider Penny James purchased 660 shares of QBE Insurance Group stock in a transaction dated Monday, May 12th. The stock was bought at an average price of A$22.38 ($14.35) per share, with a total value of A$14,770.14 ($9,468.04).

QBE Insurance Group Stock Performance

The company has a market capitalization of $18.81 billion, a P/E 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 declared a Final dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, April 10th were paid a dividend of $0.63 per share. This is an increase from QBE Insurance Group’s previous Final dividend of $0.48. This represents a dividend yield of 2.99%. The ex-dividend date was Tuesday, March 4th. QBE Insurance Group’s payout ratio 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.