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 Helia Group stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of A$6.02 ($3.79), for a total value of A$446,182.02 ($280,617.63).

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 shares were sold at an average price of A$5.91 ($3.72), for a total value of A$266,075.47 ($167,343.06).
• 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 ($3.64), for a total value of A$384,091.23 ($241,566.81).
• On Wednesday, January 15th, Pauline Blight-Johnston acquired 109,165 shares of Helia Group stock. The shares were purchased 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 purchased 311,593 shares of Helia Group stock. The stock was bought at an average cost of A$4.47 ($2.81) per share, with a total value of A$1,392,820.71 ($875,987.87).

Helia Group Price Performance

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

Helia Group Increases Dividend

The business also recently declared a Final dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, April 2nd will be given a $0.69 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a dividend yield of 11.75%. This is a boost from Helia Group’s previous Final dividend of $0.41. Helia Group’s payout ratio is currently 40.54%.

Helia Group Company Profile

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.