JoAnne Stephenson Acquires 10,000 Shares of Helia Group Limited (ASX:HLI) Stock

Helia Group Limited (ASX:HLIGet Free Report) insider JoAnne Stephenson acquired 10,000 shares of the firm’s stock in a transaction dated Friday, March 21st. The shares were acquired at an average price of A$4.89 ($3.08) per share, with a total value of A$48,910.00 ($30,761.01).

Helia Group Price Performance

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

Helia Group Increases Dividend

The business also recently disclosed a Final dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, April 2nd will be given a $0.69 dividend. This is a positive change from Helia Group’s previous Final dividend of $0.41. This represents a dividend yield of 11.75%. The ex-dividend date is Tuesday, March 18th. Helia Group’s dividend payout ratio (DPR) is presently 40.54%.

Helia Group Company Profile

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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.

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