nib holdings limited (ASX:NHF – Get Free Report) insider Mark Fitzgibbon purchased 85,685 shares of the business’s stock in a transaction that occurred on Monday, September 2nd. The stock was bought at an average cost of A$6.42 ($4.28) per share, with a total value of A$550,097.70 ($366,731.80).
NIB Stock Performance
The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 29.39.
NIB Cuts Dividend
The business also recently declared a Final dividend, which will be paid on Monday, October 7th. Investors of record on Monday, October 7th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Wednesday, September 4th. This represents a dividend yield of 2.24%. NIB’s dividend payout ratio is presently 73.68%.
NIB Company Profile
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.
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