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

Helia Group Limited (ASX:HLI) insider JoAnne Stephenson bought 10,000 shares of the firm’s stock in a transaction dated Friday, March 21st. The stock was purchased at an average price of A$4.89 ($3.08) per share, for a total transaction of A$48,910.00 ($30,761.01).

Helia Group Price Performance

The company has a market cap of $1.35 billion, a P/E ratio of 5.81 and a beta of 1.14.

Helia Group Increases Dividend

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