Cinzia Burnes Buys 300,000 Shares of Helloworld Travel Limited (ASX:HLO) Stock

Helloworld Travel Limited (ASX:HLO) insider Cinzia Burnes purchased 300,000 shares of Helloworld Travel stock in a transaction on Wednesday, March 5th. The shares were acquired at an average price of A$1.72 ($1.08) per share, for a total transaction of A$515,700.00 ($324,339.62).

Helloworld Travel Price Performance

The company has a current ratio of 1.11, a quick ratio of 1.09 and a debt-to-equity ratio of 6.77. The company has a market cap of $333.78 million, a PE ratio of 10.78, a price-to-earnings-growth ratio of 9.21 and a beta of 1.90.

Helloworld Travel Increases Dividend

The firm also recently declared a Interim dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 25th will be given a dividend of $0.08 per share. This represents a yield of 4.72%. This is a positive change from Helloworld Travel’s previous Interim dividend of $0.05. The ex-dividend date of this dividend is Monday, March 10th. Helloworld Travel’s dividend payout ratio is presently 57.89%.

About Helloworld Travel

Helloworld Travel Limited operates as a travel distribution company in Australia, New Zealand, and internationally. The company provides international and domestic travel products and services, as well as operates a franchised network of travel agents. It also operates retail travel brands, including Helloworld Travelthe Travel Professionals; and a network of retail outlets, such as Helloworld Business Travel, Magellan Travel, Mobile Travel Agent, My Travel Group, and The Travel Brokers; and distributes travel products and provides services under the Viva Holidays, Sunlover Holidays, Territory Discoveries, Asia Escape Holidays, Skiddoo, GO Holidays, Ready Rooms, and Seven Oceans Cruising brands, as well as operates needitnow.com.au.