Helia Group Limited (ASX:HLI) Announces Dividend Increase – $0.69 Per Share

Helia Group Limited (ASX:HLI) announced a final dividend on Wednesday, February 26th, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, April 2nd will be paid a dividend of 0.69 per share on Wednesday, April 2nd. This represents a dividend yield of 11.75%. The ex-dividend date is Tuesday, March 18th. This is an increase from Helia Group’s previous final dividend of $0.41.

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.

Insider Activity at Helia Group

In related news, insider Pauline Blight-Johnston purchased 311,593 shares of the company’s stock in a transaction dated Tuesday, December 31st. The shares were acquired at an average cost of A$4.47 ($2.85) per share, with a total value of A$1,392,820.71 ($887,146.95). Company insiders own 5.60% of the company’s stock.

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.