nib holdings limited (ASX:NHF) Insider Mark Fitzgibbon Sells 81,760 Shares

nib holdings limited (ASX:NHF) insider Mark Fitzgibbon sold 81,760 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of A$5.84 ($3.95), for a total value of A$477,723.68 ($322,786.27).

Mark Fitzgibbon also recently made the following trade(s):

• On Tuesday, September 10th, Mark Fitzgibbon sold 60,000 shares of NIB stock. The shares were sold at an average price of A$5.77 ($3.90), for a total transaction of A$346,440.00 ($234,081.08).
• On Monday, September 2nd, Mark Fitzgibbon acquired 85,685 shares of NIB stock. The shares were purchased at an average cost of A$6.42 ($4.34) per share, with a total value of A$550,097.70 ($371,687.64).

NIB Price Performance

The company has a debt-to-equity ratio of 29.39, a current ratio of 2.26 and a quick ratio of 1.61.

NIB Cuts Dividend

The firm also recently disclosed a Final dividend, which will be paid on Monday, October 7th. Investors of record on Monday, October 7th will be given a dividend of $0.14 per share. The ex-dividend date is Wednesday, September 4th. This represents a dividend yield of 2.24%. NIB’s dividend payout ratio is presently 73.68%.

About NIB

nib holdings limited, together with its subsidiaries, underwrites and distributes private health insurance to residents, international students, and visitors in Australia and New Zealand. The company operates in five segments: Australian Residents Health Insurance, New Zealand Insurance, International (Inbound) Health Insurance, nib Travel, and nib Thrive segments.