NRW (ASX:NWH) Insider Sells A$1,937,100.00 in Stock

NRW Holdings Limited (ASX:NWH) insider Michael Arnett sold 300,000 shares of NRW stock in a transaction on Friday, February 27th. The stock was sold at an average price of A$6.46, for a total value of A$1,937,100.00.

NRW Stock Performance

The company has a debt-to-equity ratio of 90.21, a quick ratio of 1.15 and a current ratio of 1.02. The stock has a market cap of $2.93 billion, a price-to-earnings ratio of 59.13, a P/E/G ratio of 1.63 and a beta of 0.90.

NRW Announces Dividend

The company also recently declared a Interim dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, April 8th will be given a dividend of $0.085 per share. This represents a dividend yield of 134.0%. The ex-dividend date of this dividend is Sunday, March 22nd. NRW’s dividend payout ratio is currently 71.74%.

About NRW

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. Its civil construction projects include roads, bridges, tailings storage facilities, rail formations, ports, renewable energy projects, water infrastructure, and concrete installations.