NRW (ASX:NWH) Insider Sells A$548,112.71 in Stock

NRW Holdings Limited (ASX:NWH) insider Michael Arnett sold 112,734 shares of the company’s stock in a transaction that occurred on Tuesday, October 21st. The shares were sold at an average price of A$4.86, for a total value of A$548,112.71.

Michael Arnett also recently made the following trade(s):

• On Tuesday, October 14th, Michael Arnett sold 100,000 shares of NRW stock. The stock was sold at an average price of A$5.00, for a total value of A$500,100.00.
• On Wednesday, October 8th, Michael Arnett sold 200,000 shares of NRW stock. The stock was sold at an average price of A$4.73, for a total value of A$945,400.00.

NRW Stock Performance

The company has a market capitalization of $1.55 billion, a PE ratio of 14.68, a P/E/G ratio of 1.63 and a beta of 1.57. The company has a quick ratio of 1.15, a current ratio of 1.31 and a debt-to-equity ratio of 49.87.

NRW Increases Dividend

The firm also recently announced a Final dividend, which was paid on Tuesday, October 7th. Stockholders of record on Tuesday, October 7th were paid a dividend of $0.095 per share. This is a positive change from NRW’s previous Final dividend of $0.09. The ex-dividend date of this dividend was Wednesday, September 17th. This represents a dividend yield of 249.0%. NRW’s dividend payout ratio (DPR) is currently 69.57%.

NRW Company Profile

NRW Holdings Limited, through its subsidiaries, provides diversified contract services to the resources and infrastructure sectors in Australia. The company operates through three segments: Civil; Mining; and Minerals, Energy & Technologies. The Civil segment delivers private and public civil infrastructure, mine development, bulk earthworks, and commercial and residential subdivision projects.