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

Flight Centre Travel Group Limited (ASX:FLT) insider Graham Turner purchased 356,264 shares of the firm’s stock in a transaction on Tuesday, March 18th. The shares were acquired at an average cost of A$14.04 ($8.83) per share, for a total transaction of A$5,000,521.50 ($3,144,982.08).

Flight Centre Travel Group Stock 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 P/E 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. Shareholders of record on Wednesday, April 16th will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Tuesday, March 25th. This is a boost from Flight Centre Travel Group’s previous Interim dividend of $0.10. This represents a yield of 0.68%. Flight Centre Travel Group’s dividend payout ratio (DPR) is currently 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.