Insider Buying: Flight Centre Travel Group Limited (ASX:FLT) Insider Purchases 3,000 Shares of Stock

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

Flight Centre Travel Group Price Performance

The company has a debt-to-equity ratio of 82.19, a quick ratio of 1.05 and a current ratio of 1.08. The stock has a market capitalization of $3.91 billion, a PE ratio of 28.13, a PEG ratio of -0.22 and a beta of 1.64.

Flight Centre Travel Group Increases Dividend

The firm also recently declared a Interim dividend, which will be paid on Wednesday, April 16th. Stockholders of record on Wednesday, April 16th will be given a $0.11 dividend. This is an increase from Flight Centre Travel Group’s previous Interim dividend of $0.10. This represents a dividend yield of 0.68%. The ex-dividend date is Tuesday, March 25th. Flight Centre Travel Group’s dividend payout ratio (DPR) is presently 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.