Flight Centre Travel Group Limited (ASX:FLT) Insider Gary Smith Acquires 3,000 Shares of Stock

Flight Centre Travel Group Limited (ASX:FLT) insider Gary Smith acquired 3,000 shares of the business’s stock in a transaction dated Thursday, March 13th. The stock was purchased at an average price of A$13.88 ($8.84) per share, with a total value 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 current ratio of 1.08 and a quick ratio of 1.05. The firm has a market cap of $3.91 billion, a price-to-earnings ratio of 28.13, a price-to-earnings-growth ratio of -0.22 and a beta of 1.64.

Flight Centre Travel Group Increases Dividend

The business also recently announced a Interim dividend, which will be paid on Wednesday, April 16th. Stockholders of record on Wednesday, April 16th will be issued a dividend of $0.11 per share. This represents a dividend yield of 0.68%. This is an increase from Flight Centre Travel Group’s previous Interim dividend of $0.10. The ex-dividend date is Tuesday, March 25th. Flight Centre Travel Group’s dividend payout ratio is currently 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.