NRW (ASX:NWH) Insider Michael Arnett Sells 200,000 Shares

NRW Holdings Limited (ASX:NWHGet Free Report) insider Michael Arnett sold 200,000 shares of the firm’s stock in a transaction on Wednesday, October 8th. The shares were sold at an average price of A$4.73, for a total value of A$945,400.00.

NRW Stock Performance

The firm has a market cap of $1.55 billion, a P/E ratio of 14.68, a price-to-earnings-growth ratio of 1.63 and a beta of 1.57. The company has a quick ratio of 1.15, a current ratio of 1.31 and a debt-to-equity ratio of 49.87.

NRW Increases Dividend

The firm also recently disclosed a Final dividend, which was paid on Tuesday, October 7th. Shareholders of record on Tuesday, October 7th were given a dividend of $0.095 per share. This represents a yield of 249.0%. The ex-dividend date was Wednesday, September 17th. This is a boost from NRW’s previous Final dividend of $0.09. NRW’s dividend payout ratio is 69.57%.

NRW Company Profile

(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.

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