Graham Turner Buys 356,264 Shares of Flight Centre Travel Group Limited (ASX:FLT) Stock

Flight Centre Travel Group Limited (ASX:FLT) insider Graham Turner bought 356,264 shares of Flight Centre Travel Group stock in a transaction that occurred on Tuesday, March 18th. The shares were acquired at an average cost of A$14.04 ($8.94) per share, for a total transaction of A$5,000,521.50 ($3,185,045.54).

Flight Centre Travel Group Price Performance

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

Flight Centre Travel Group Increases Dividend

The company also recently announced a Interim dividend, which will be paid on Wednesday, April 16th. Investors of record on Wednesday, April 16th will be paid a $0.11 dividend. 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 of this dividend is Tuesday, March 25th. Flight Centre Travel Group’s payout ratio is presently 80.00%.

Flight Centre Travel Group Company Profile

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.