Insider Selling: Helia Group Limited (ASX:HLI) Insider Sells 74,092 Shares of Stock

Helia Group Limited (ASX:HLI) insider Pauline Blight-Johnston sold 74,092 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of A$6.02 ($3.81), for a total transaction of A$446,182.02 ($282,393.69).

Pauline Blight-Johnston also recently made the following trade(s):

• On Friday, March 7th, Pauline Blight-Johnston sold 45,006 shares of Helia Group stock. The stock was sold at an average price of A$5.91 ($3.74), for a total transaction of A$266,075.47 ($168,402.20).
• On Thursday, February 27th, Pauline Blight-Johnston sold 66,337 shares of Helia Group stock. The shares were sold at an average price of A$5.79 ($3.66), for a total transaction of A$384,091.23 ($243,095.72).
• On Wednesday, January 15th, Pauline Blight-Johnston purchased 109,165 shares of Helia Group stock. The shares were acquired at an average price of A$4.54 ($2.87) per share, for a total transaction of A$495,609.10 ($313,676.65).
• On Tuesday, December 31st, Pauline Blight-Johnston bought 311,593 shares of Helia Group stock. The shares were bought at an average cost of A$4.47 ($2.83) per share, for a total transaction of A$1,392,820.71 ($881,532.09).

Helia Group Stock Performance

The company has a market cap of $1.35 billion, a price-to-earnings ratio of 5.81 and a beta of 1.14.

Helia Group Increases Dividend

The company also recently disclosed a Final dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, April 2nd will be issued a dividend of $0.69 per share. This is an increase from Helia Group’s previous Final dividend of $0.41. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a dividend yield of 11.75%. Helia Group’s payout ratio is currently 40.54%.

About Helia Group

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.