Netwealth Group Limited (ASX:NWL) Insider Sarah Brennan Buys 2,210 Shares of Stock

Netwealth Group Limited (ASX:NWL) insider Sarah Brennan bought 2,210 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The stock was purchased at an average cost of A$22.61 ($15.38) per share, for a total transaction of A$49,968.10 ($33,991.90).

Netwealth Group Price Performance

The company has a current ratio of 5.12, a quick ratio of 6.18 and a debt-to-equity ratio of 10.32.

Netwealth Group Increases Dividend

The firm also recently declared a Final dividend, which will be paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 25th will be issued a dividend of $0.14 per share. The ex-dividend date is Sunday, August 25th. This represents a dividend yield of 0.64%. This is a boost from Netwealth Group’s previous Final dividend of $0.13. Netwealth Group’s payout ratio is 82.35%.

Netwealth Group Company Profile

Netwealth Group Limited, a financial services company, engages in the wealth management business in Australia. It offers financial intermediation services; superannuation products; managed accounts; and managed funds, as well as investor directed portfolio services. The company also provides investment wrap products; investment options, such as listed and international securities, managed account models, managed funds, term deposits, premium services, and investor rewards; insurance products; forms and disclosure documents; and resources and tools, as well as advisory, licensee, and private wealth solutions.