Helia Group Limited (ASX:HLI) Plans Dividend Increase – $0.69 Per Share

Helia Group Limited (ASX:HLIGet Free Report) declared a final dividend on Wednesday, February 26th, MarketIndexAU Dividends reports. Shareholders of record on Wednesday, April 2nd will be given a dividend of 0.69 per share on Wednesday, April 2nd. This represents a yield of 11.75%. The ex-dividend date of this dividend is Tuesday, March 18th. This is a 68.3% increase from Helia Group’s previous final dividend of $0.41.

Helia Group Price Performance

The stock has a market capitalization of $1.35 billion, a PE ratio of 5.81 and a beta of 1.14.

Insider Buying and Selling

In related news, insider Pauline Blight-Johnston bought 109,165 shares of the stock in a transaction on Wednesday, January 15th. The shares were purchased at an average price of A$4.54 ($2.87) per share, for a total transaction of A$495,609.10 ($313,676.65). Insiders have sold a total of 185,435 shares of company stock worth $1,096,349 in the last quarter. Company insiders own 5.60% of the company’s stock.

Helia Group Company Profile

(Get Free Report)

Helia Group Limited, together with its subsidiaries, is involved in the loan mortgage insurance business primarily in Australia. The company facilitates residential mortgage lending by transferring risk from lenders to lenders mortgage insurance (LMI) providers, primarily for high loan to value ratio residential mortgage loans; and portfolio of seasoned home loans.

Featured Articles

Receive News & Ratings for Helia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helia Group and related companies with MarketBeat.com's FREE daily email newsletter.