Bank of Queensland Limited (ASX:BOQ) Insider Buys A$192,400.00 in Stock

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Bank of Queensland Limited (ASX:BOQ) insider Patrick Allaway purchased 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 11th. The stock was acquired at an average price of A$9.62 ($6.82) per share, for a total transaction of A$192,400.00 ($136,453.90).

BOQ stock traded down A$0.01 ($0.01) during trading hours on Friday, hitting A$9.54 ($6.77). 1,204,927 shares of the stock were exchanged, compared to its average volume of 1,390,000. The stock has a market capitalization of $3.86 billion and a price-to-earnings ratio of 12.67. Bank of Queensland Limited has a 12 month low of A$8.70 ($6.17) and a 12 month high of A$11.71 ($8.30).

The company also recently disclosed a Interim dividend, which was paid on Wednesday, May 22nd. Shareholders of record on Wednesday, May 22nd were given a dividend of $0.34 per share. This represents a yield of 3.88%. The ex-dividend date was Wednesday, May 1st. Bank of Queensland’s payout ratio is 90.31%.

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About Bank of Queensland

Bank of Queensland Limited, together with its subsidiaries, provides various financial products and services in Australia. The company operates in two segments, Banking and Insurance. It offers personal banking services, such as everyday banking services; savings and investments accounts, and term deposits; credit cards; home, personal, and car loans; car, home and contents, landlord, travel, life, and commercial insurance, as well as credit protection insurance; investment services comprising online share trading services; self-managed superannuation funds; and currency exchange, travel money, private banking, and account and card switching services.

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