Nora Scheinkestel Purchases 2,108 Shares of Qantas Airways (ASX:QAN) Stock

Qantas Airways Limited (ASX:QAN) insider Nora Scheinkestel purchased 2,108 shares of the stock in a transaction that occurred on Friday, August 29th. The shares were acquired at an average price of A$11.73 per share, for a total transaction of A$24,726.84.

Qantas Airways Stock Performance

The stock has a market capitalization of $14.01 billion, a price-to-earnings ratio of 11.57, a PEG ratio of 0.12 and a beta of 1.17. The company has a debt-to-equity ratio of 2,280.62, a quick ratio of 0.42 and a current ratio of 0.34.

Qantas Airways Increases Dividend

The firm also recently declared a Final dividend, which will be paid on Tuesday, October 14th. Investors of record on Tuesday, October 14th will be given a dividend of $0.264 per share. The ex-dividend date is Monday, September 15th. This is a boost from Qantas Airways’s previous Final dividend of $0.13. This represents a yield of 225.0%. Qantas Airways’s dividend payout ratio (DPR) is presently 34.67%.

About Qantas Airways

Qantas Airways Limited provides air transportation services in Australia and internationally. The company operates through Qantas Domestic, Qantas International, Jetstar Group, and Qantas Loyalty segments. It offers passengers and air freight, and air cargo and express freight services; and customer loyalty recognition programs.