Michael Arnett Sells 300,000 Shares of NRW (ASX:NWH) Stock

NRW Holdings Limited (ASX:NWHGet Free Report) insider Michael Arnett sold 300,000 shares of the stock in a transaction dated Friday, February 27th. The shares were sold at an average price of A$6.46, for a total transaction of A$1,937,100.00.

NRW Stock Performance

The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of 60.07, a PEG ratio of 1.63 and a beta of 1.57. The company has a debt-to-equity ratio of 90.21, a quick ratio of 1.15 and a current ratio of 1.02.

NRW Dividend Announcement

The business also recently announced a Interim dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, April 8th will be issued a dividend of $0.085 per share. This represents a dividend yield of 134.0%. The ex-dividend date is Sunday, March 22nd. NRW’s payout ratio is currently 71.74%.

About NRW

(Get Free Report)

NRW Holdings Limited, through its subsidiaries, provides diversified contract services to the resources and infrastructure sectors in Australia. The company operates through three segments: Civil; Mining; and Minerals, Energy & Technologies. The Civil segment delivers private and public civil infrastructure, mine development, bulk earthworks, and commercial and residential subdivision projects. Its civil construction projects include roads, bridges, tailings storage facilities, rail formations, ports, renewable energy projects, water infrastructure, and concrete installations.

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Insider Buying and Selling by Quarter for NRW (ASX:NWH)

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