Netwealth Group (ASX:NWL) Shares Up 0.4%
Netwealth Group Ltd (ASX:NWL)’s stock price shot up 0.4% during trading on Friday . The stock traded as high as A$8.69 ($6.16) and last traded at A$8.53 ($6.05), 978,867 shares were traded during trading. The stock had previously closed at A$8.50 ($6.03).
The firm has a 50-day moving average of A$7.73. The firm has a market cap of $2.03 billion and a P/E ratio of 59.24.
The firm also recently declared a Final dividend, which will be paid on Thursday, September 26th. Stockholders of record on Thursday, September 26th will be given a dividend of $0.066 per share. This represents a dividend yield of 0.86%. The ex-dividend date of this dividend is Monday, August 26th. Netwealth Group’s dividend payout ratio is 90.28%.
Netwealth Group Limited, a financial services technology company, engages in the wealth management business in Australia. The company offers superannuation products, including accumulation and retirement income products; investment wrap products for self-managed superannuation and non-superannuation investments; managed accounts; and managed funds.
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