Insider Buying: QBE Insurance Group Limited (ASX:QBE) Insider Acquires 1,526 Shares of Stock

QBE Insurance Group Limited (ASX:QBE) insider Michael (Mike) Wilkins bought 1,526 shares of QBE Insurance Group stock in a transaction on Monday, May 12th. The stock was acquired at an average price of A$22.38 ($14.35) per share, for a total transaction of A$34,150.35 ($21,891.25).

Michael (Mike) Wilkins also recently made the following trade(s):

• On Monday, February 24th, Michael (Mike) Wilkins bought 3,252 shares of QBE Insurance Group stock. The stock was acquired at an average price of A$21.00 ($13.46) per share, for a total transaction of A$68,292.00 ($43,776.92).

QBE Insurance Group Price Performance

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

QBE Insurance Group Increases Dividend

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