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 purchased 356,264 shares of the company’s stock in a transaction that occurred on Tuesday, March 18th. The shares were purchased at an average price 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 quick ratio of 1.05, a current ratio of 1.08 and a debt-to-equity ratio of 82.19. The firm has a market capitalization of $3.91 billion, a PE 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 firm also recently declared a Interim dividend, which will be paid on Wednesday, April 16th. Investors of record on Wednesday, April 16th will be given a dividend of $0.11 per share. This is a boost from Flight Centre Travel Group’s previous Interim dividend of $0.10. This represents a yield of 0.68%. The ex-dividend date is Tuesday, March 25th. Flight Centre Travel Group’s dividend payout ratio (DPR) is 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.