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

nib holdings limited (ASX:NHF) insider Mark Fitzgibbon sold 60,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was 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 stock was 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 bought 85,685 shares of NIB stock. The shares were purchased at an average cost of A$6.42 ($4.34) per share, with a total value of A$550,097.70 ($371,687.64).

NIB Price 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 firm also recently announced a Final dividend, which will be paid on Monday, October 7th. Investors of record on Monday, October 7th will be issued a $0.14 dividend. The ex-dividend date is Wednesday, September 4th. This represents a dividend yield of 2.24%. NIB’s payout ratio is currently 73.68%.

NIB Company Profile

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.