QBE Insurance Group (OTCMKTS:QBIEY) Stock Price Up 0.9% – Should You Buy?

Shares of QBE Insurance Group Limited (OTCMKTS:QBIEY) were up 0.9% during trading on Monday . The company traded as high as $14.10 and last traded at $13.83. Approximately 21,435 shares traded hands during trading, a decline of 49% from the average daily volume of 42,227 shares. The stock had previously closed at $13.70.

QBE Insurance Group Trading Down 0.2 %

The firm’s 50-day simple moving average is $13.13 and its two-hundred day simple moving average is $12.33.

QBE Insurance Group Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, March 6th will be issued a $0.4003 dividend. The ex-dividend date is Thursday, March 6th. This is a boost from QBE Insurance Group’s previous dividend of $0.15. QBE Insurance Group’s dividend payout ratio is currently -95.86%.

QBE Insurance Group Company Profile

QBE Insurance Group Limited engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally. It offers range of commercial, personal, and specialty products, such as commercial and domestic property, agriculture, public/product liability, motor and motor casualty, professional indemnity, workers' compensation, accident, health, financial and credit, and other insurance products, as well as marine, energy and aviation insurance products, and risk management solutions.