Heartland Group Holdings Limited (ASX:HGH) Insider Gregory Tomlinson Buys 3,877,966 Shares of Stock

Heartland Group Holdings Limited (ASX:HGH) insider Gregory Tomlinson bought 3,877,966 shares of the stock in a transaction on Monday, April 15th. The stock was purchased at an average price of A$1.00 ($0.65) per share, for a total transaction of A$3,877,966.00 ($2,501,913.55).

Heartland Group Stock Performance

Heartland Group Cuts Dividend

The firm also recently announced a Interim dividend, which was paid on Tuesday, March 19th. Stockholders of record on Tuesday, March 19th were paid a $0.038 dividend. The ex-dividend date was Monday, March 4th. This represents a dividend yield of 3.69%. Heartland Group’s payout ratio is 81.82%.

About Heartland Group

Heartland Group Holdings Limited provides various financial services in New Zealand and Australia. The company offers savings accounts, term deposits, and direct and business call accounts. It also provides home loans, business loans, term loans, revolving credit, car loans, and reverse mortgage lending and other financial services.