Helia Group Limited (ASX:HLI) Insider Sells A$384,091.23 in Stock

Helia Group Limited (ASX:HLI) insider Pauline Blight-Johnston sold 66,337 shares of the company’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of A$5.79 ($3.64), for a total value of A$384,091.23 ($241,566.81).

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

• On Wednesday, January 15th, Pauline Blight-Johnston acquired 109,165 shares of Helia Group stock. The shares were acquired at an average cost of A$4.54 ($2.86) per share, with a total value of A$495,609.10 ($311,703.84).
• On Tuesday, December 31st, Pauline Blight-Johnston acquired 311,593 shares of Helia Group stock. The stock was bought at an average price of A$4.47 ($2.81) per share, for a total transaction of A$1,392,820.71 ($875,987.87).

Helia Group Stock 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. 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. This represents a dividend yield of 11.75%. The ex-dividend date of this dividend is Tuesday, March 18th. 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.