Flight Centre’s Share Price Rises by 4.19% Today

flight centre share price

Flight Centre Travel Group Limited [ASX:FLT] is the largest retail travel outlet in Australia.

Founded in 1982, the company provides a complete travel service for leisure and business travellers in Australia and around the world.

The share price is up 4.19% for the day.

What caused the Flight Centre share price increase?

Revenue growth is a key indicator in determining how a company is performing, and the numbers have been looking good for Flight Centre.

Flight Centre has also been paying dividends to their investors.

Over the past 12 months, Flight Centre has paid dividends of $1.54 per share.

This is a great sign.

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Companies that are profitable and performing well like to thank their investors for backing them.

Investors can take solace in knowing that Flight Centre shares have risen by over $20 from December last year, which is causing more potential investors to take an interest in them.

What’s next for Flight Centre?

Flight Centre has been going from strength to strength the last few months.

However, they rely heavily on customer’s spending money, and in the past have suffered from economic downturn.

If customers keep up their wanderlust passions, then sky is the limit for Flight Centre.


Ryan Clarkson-Ledward,
For Money Morning

PS: Flight Centre has been performing incredibly well over the past few months. Top Aussie stock picker Sam Volkering has revealed four Aussie stocks he believes could be the top performers this year. Claim your free ‘The Four Best ASX Stocks for 2018’ report here.

Ryan Clarkson-Ledward

Ryan Clarkson-Ledward

Ryan holds degrees in both communication and international business. He helps bring Money Morning readers the latest market updates, both locally and abroad. Ryan tackles all the issues investors need to know about that the mainstream media neglects.

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