Mark Fitzgibbon Sells 60,000 Shares of nib holdings limited (ASX:NHF) Stock

nib holdings limited (ASX:NHF) insider Mark Fitzgibbon sold 60,000 shares of the firm’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of A$5.77 ($3.90), for a total value of A$346,440.00 ($234,081.08).

Mark Fitzgibbon also recently made the following trade(s):

• On Thursday, September 12th, Mark Fitzgibbon sold 81,760 shares of NIB stock. The shares were sold at an average price of A$5.84 ($3.95), for a total value of A$477,723.68 ($322,786.27).
• On Monday, September 2nd, Mark Fitzgibbon purchased 85,685 shares of NIB stock. The shares were bought at an average price of A$6.42 ($4.34) per share, with a total value of A$550,097.70 ($371,687.64).

NIB Stock Performance

The company has a debt-to-equity ratio of 29.39, a quick ratio of 1.61 and a current ratio of 2.26.

NIB Cuts Dividend

The business also recently declared a Final dividend, which will be paid on Monday, October 7th. Stockholders of record on Monday, October 7th will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Wednesday, September 4th. This represents a dividend yield of 2.24%. NIB’s payout ratio is presently 73.68%.

About NIB

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.