nib holdings limited (ASX:NHF – Get Free Report) insider Mark Fitzgibbon bought 85,685 shares of NIB stock in a transaction on Monday, September 2nd. The shares were purchased 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 current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 29.39.
NIB Cuts Dividend
The company also recently announced a Final dividend, which will be paid on Monday, October 7th. Shareholders of record on Monday, October 7th will be issued a dividend of $0.14 per share. The ex-dividend date is Wednesday, September 4th. This represents a dividend yield of 2.24%. NIB’s payout ratio is currently 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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