Netwealth Group Ltd (ASX: NWL) Share Price and News
Price
$25.83
Movement
0.59 (+2.34%)
as at 17 Apr - Closed (20 mins delayed)
52 Week Range
$18.69 - $33.40
1 Year Return
+30.72%
Netwealth Group Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$6.33 billion
P/E Ratio
60.82
Dividend Yield
1.25%
Shares Outstanding
244.93 million
Earnings per share
0.415
Dividend per share
0.35
Year To Date Return
-11.60%
Earnings Yield
1.64%
Franking
100%
Share Price
$25.83
Day Change
0.59 (+2.34%)
52 Week Range
$18.69 - $33.40
Yesterday's Close
$25.24
Today's Open
$25.21
Days Range
$25.21 - $25.96
Volume
682,443
Avg. Volume (1 month)
709,162
Turnover
$17,593,038
as at 17 Apr - Closed
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Netwealth Group Ltd (ASX: NWL)
Latest News
Dividend Investing
34 ASX 200 shares with ex-dividend dates next week
Share Gainers
Here are the top 10 ASX 200 shares today
52-Week Highs
2 ASX 200 financial shares hitting 52-week highs on earnings results
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'Appealing outlook': 2 ASX 200 shares that just started their latest rally
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Best Shares
Top ASX shares to buy in February 2024
Share Fallers
Why 29Metals, Aroa Biosurgery, Mader, and Netwealth shares are falling
Financial Shares
Up 40% since October, Netwealth share price reacts to record $6 billion increase
52-Week Highs
These ASX 200 shares just hit new 52-week highs
Share Gainers
Here are the top 10 ASX 200 shares today
Opinions
The top 10 ASX shares I'm picking for a prosperous 2024
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Frequently Asked Questions
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Yes, Netwealth has historically paid two fully franked dividends a year.
-
Netwealth generally pays its shareholder dividends in March and September.
-
Netwealth Group Ltd listed on the ASX on 20 November 2015.
Dividend Payment History Data provided by Morningstar.
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 05 Mar 2025 | $0.1750 | 100.00% | Interim | 27 Mar 2025 |
| 26 Aug 2024 | $0.1400 | 100.00% | Final | 26 Sep 2024 |
| 04 Mar 2024 | $0.1400 | 100.00% | Interim | 28 Mar 2024 |
| 22 Aug 2023 | $0.1300 | 100.00% | Final | 21 Sep 2023 |
| 22 Feb 2023 | $0.1100 | 100.00% | Interim | 24 Mar 2023 |
| 30 Aug 2022 | $0.1000 | 100.00% | Final | 29 Sep 2022 |
| 23 Feb 2022 | $0.1000 | 100.00% | Interim | 24 Mar 2022 |
| 26 Aug 2021 | $0.0950 | 100.00% | Final | 24 Sep 2021 |
| 22 Feb 2021 | $0.0906 | 100.00% | Interim | 26 Mar 2021 |
| 25 Aug 2020 | $0.0780 | 100.00% | Final | 24 Sep 2020 |
| 25 Feb 2020 | $0.0690 | 100.00% | Interim | 26 Mar 2020 |
| 26 Aug 2019 | $0.0660 | 100.00% | Final | 26 Sep 2019 |
| 25 Feb 2019 | $0.0550 | 100.00% | Interim | 28 Mar 2019 |
| 10 Sep 2018 | $0.0538 | 100.00% | Final | 27 Sep 2018 |
NWL ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| 14th Apr 2025 2025-04-14T17:53:31 | Change of Registry Address Notification | YesNo | 5:53pm | 2 | 273k |
| 10th Apr 2025 2025-04-10T08:33:34 | March 2025 Quarterly Business Update | YesNo | 8:33am | 6 | 223k |
| 4th Apr 2025 2025-04-04T15:39:01 | Notification of cessation of securities - NWL | YesNo | 3:39pm | 4 | 13k |
| 20th Mar 2025 2025-03-20T09:11:09 | Correction to previously released Appendix 2A | YesNo | 9:11am | 2 | 67k |
| 12th Mar 2025 2025-03-12T08:20:53 | Application for quotation of securities - NWL | YesNo | 8:20am | 7 | 19k |
| 20th Feb 2025 2025-02-20T08:39:44 | Dividend/Distribution - NWL | YesNo | 8:39am | 4 | 14k |
| 20th Feb 2025 2025-02-20T08:32:09 | 1H25 Results Presentation | YesNo | 8:32am | 42 | 2.9M |
| 20th Feb 2025 2025-02-20T08:30:49 | 1H25 Results Announcement | YesNo | 8:30am | 9 | 731k |
| 20th Feb 2025 2025-02-20T08:26:59 | Half Year Accounts and Appendix 4D | YesNo | 8:26am | 45 | 5M |
| 4th Feb 2025 2025-02-04T18:51:34 | ASX Disclosure pursuant to ASIC Deed Poll | YesNo | 6:51pm | 4 | 69k |
About Netwealth Group Ltd
Netwealth Group Ltd (ASX: NWL) is a financial services and technology company. It provides a wide range of products and services to the Australian financial investment industry, including cloud-based investment administration software as a service (SaaS), a retail superannuation fund, and an administration business.
Netwealth's technology platform provides portfolio administration, investment management tools, and investment and managed account services to financial advisers, private clients, and companies. Netwealth charges SaaS fees based on funds under administration and management on its platform. It also offers Netwealth-branded investment products managed by third-party investment managers.
NWL Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 16 Apr 2025 | $25.24 | $-0.35 | -1.37% | 448,724 | $25.54 | $25.70 | $25.24 |
| 15 Apr 2025 | $25.59 | $-0.15 | -0.58% | 704,518 | $25.81 | $26.10 | $25.59 |
| 14 Apr 2025 | $25.74 | $0.29 | 1.14% | 540,834 | $25.65 | $26.04 | $25.29 |
| 11 Apr 2025 | $25.45 | $-0.91 | -3.45% | 1,116,864 | $25.70 | $25.82 | $24.86 |
| 10 Apr 2025 | $26.36 | $3.75 | 16.59% | 1,434,063 | $27.29 | $27.57 | $24.63 |
| 09 Apr 2025 | $22.61 | $-0.52 | -2.25% | 724,105 | $22.80 | $23.59 | $22.52 |
| 08 Apr 2025 | $23.13 | $0.96 | 4.33% | 716,713 | $22.46 | $23.30 | $22.24 |
| 07 Apr 2025 | $22.17 | $-0.31 | -1.38% | 1,492,567 | $20.50 | $22.21 | $19.96 |
| 04 Apr 2025 | $22.48 | $-1.50 | -6.26% | 1,152,037 | $22.88 | $23.50 | $22.29 |
| 03 Apr 2025 | $23.98 | $-2.27 | -8.65% | 1,317,169 | $24.77 | $25.23 | $23.74 |
| 02 Apr 2025 | $26.25 | $0.50 | 1.94% | 378,928 | $26.13 | $26.41 | $25.86 |
| 01 Apr 2025 | $25.75 | $0.21 | 0.82% | 356,636 | $25.71 | $25.92 | $25.23 |
| 31 Mar 2025 | $25.54 | $-0.92 | -3.48% | 420,272 | $25.95 | $25.95 | $25.51 |
| 28 Mar 2025 | $26.46 | $0.21 | 0.80% | 402,752 | $26.09 | $26.59 | $26.03 |
| 27 Mar 2025 | $26.25 | $-1.30 | -4.72% | 480,000 | $27.30 | $27.30 | $26.08 |
| 26 Mar 2025 | $27.55 | $0.09 | 0.33% | 433,443 | $27.95 | $28.03 | $27.35 |
| 25 Mar 2025 | $27.46 | $0.56 | 2.08% | 408,015 | $26.91 | $27.69 | $26.88 |
| 24 Mar 2025 | $26.90 | $-0.29 | -1.07% | 407,852 | $26.99 | $27.46 | $26.70 |
| 21 Mar 2025 | $27.19 | $-0.42 | -1.52% | 1,258,102 | $27.40 | $27.70 | $27.19 |
| 20 Mar 2025 | $27.61 | $1.21 | 4.58% | 506,343 | $27.13 | $27.71 | $26.78 |
| 19 Mar 2025 | $26.40 | $-0.29 | -1.09% | 235,059 | $26.44 | $26.80 | $26.13 |
| 18 Mar 2025 | $26.69 | $0.27 | 1.02% | 278,339 | $26.76 | $26.92 | $26.51 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 21 Nov 2024 | Matthew (Matt) Heine | Sell | 1,104,990 | $32,044,710 |
On-market trade.
|
| 21 Nov 2024 | Michael Heine | Sell | 1,104,990 | $32,044,710 |
On-market trade.
|
| 16 Oct 2024 | Davyd Lewis | Sell | 17,750 | $499,990 |
On-market trade.
|
| 14 Oct 2024 | Matthew (Matt) Heine | Sell | 47,790 | $1,300,212 |
On-market trade.
|
| 11 Oct 2024 | Michael Heine | Sell | 1,100,000 | $29,700,000 |
On-market trade. As per announcement on 15-10-2024
|
| 11 Oct 2024 | Matthew (Matt) Heine | Sell | 22,132 | $597,564 |
On-market trade.
|
| 11 Oct 2024 | Matthew (Matt) Heine | Sell | 1,077,868 | $29,102,436 |
On-market trade.
|
| 11 Oct 2024 | Matthew (Matt) Heine | Sell | 510,671 | $14,043,052 |
On-market trade.
|
| 03 Sep 2024 | Sarah Brennan | Buy | 2,210 | $49,968 |
On-market trade.
|
| 22 Aug 2024 | Sally Freeman | Buy | 936 | $21,546 |
On-market trade.
|
| 19 Aug 2024 | Matthew (Matt) Heine | Sell | 1,000,000 | $22,500,000 |
On-market trade.
|
| 19 Aug 2024 | Matthew (Matt) Heine | Buy | 22,132 | $505,052 |
Cancellation of securities.
|
| 19 Aug 2024 | Matthew (Matt) Heine | Exercise | 22,132 | $505,052 |
Conversion of securities. 71,707 Rights
|
| 15 Aug 2024 | Davyd Lewis | Sell | 22,948 | $499,967 |
On-market trade.
|
| 14 Aug 2024 | Kate Temby | Buy | 2,000 | $41,400 |
On-market trade.
|
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Matthew (Matt) Alexander Max Heine | Joint Managing Director | Jun 2017 |
Mr Heine's role and experience in the sales, marketing and strategy field brings a firsthand understanding of the industry and client base. Matthew is a member of the People and Corporate Sustainability Committee.
|
| Mr Davyd Lewis | Non-Executive Director | Jun 2017 |
Mr Lewis was a partner of Mallesons Stephen Jaques for 20 years until his retirement in 2008. Davyd's role included Partner in Charge of the Melbourne centre, Managing Partner Practice of Mergers & Acquisitions, Property and Construction, Dispute Resolution and Intellectual Property, National Practice Team Leader of the Mergers & Acquisitions Group. Davyd is the Chair of the Compliance and Risk Management Committee and the Remuneration Committee and a member of the Nomination Committee.
|
| Mr Michael Max Heine | Joint Managing Director | Jun 2017 |
Mr Heine has experience in Australian and European financial markets, including commodity trading, international financing, mortgage lending and property development. Michael was instrumental in the establishment of the Heine Brothers funds management business in 1982 and was its Managing Director from 1982 to 1999 when the company was acquired by ING (then Mercantile Mutual). Michael is a member of NIL Investment Committee, NSS Audit Risk and Compliance Committee and NSS Superannuation Investment Committee.
|
| Mr Timothy Michael Antonie | Non-Executive Director | Jun 2017 |
Mr Antonie commenced his career at Price Waterhouse (now PwC). He subsequently worked at several investment banks, including at UBS Investment Bank as a Managing Director, where he advised major Australian companies in large scale mergers, acquisitions, sales and restructures and equity transactions and day-to-day equity market facing matters. Timothy is Chair of the Nomination Committee and Member of People and Corporate Sustainability Committee, and the Netwealth Investments Limited (NIL) Investment Committee.
|
| Ms Sarah Jane Brennan | Non-Executive Director | Feb 2024 |
Ms Brennan was formerly a non-executive director at AMP Superannuation. Sarah founded and was Managing Partner of Comparator Business Benchmarking, a leading provider of benchmarking to Australian financial services market. Sarah was also the founder of The Private Collection Australia and a past Deputy Chair and Director of the Financial Planning Association of Australia. Sarah was appointed as a member of the the NIL Investment Committee, NSS Audit Risk and Compliance Committee and NSS Superannuation Investment Committee from February 2024.
|
| Ms Sally Margaret Freeman | Non-Executive Director | Oct 2019 |
Mr Freeman was a partner at KPMG for 15 years and her executive career focused on accounting, governance and risk consultancy culminating in a few leadership roles with KPMG: Global Executive- Risk Consulting Services, Australia Managing Partner Risk Consulting, Partner in Charge Board Advisory and Managing Partner Internal Audit. Sally is a member of the Compliance and Risk Management Committee, Remuneration Committee, Nomination Committee, NSS Audit Risk and Compliance Committee and NSS Superannuation Investment Committee.
|
| Ms Kate Temby | Non-Executive Director | Feb 2021 |
Ms Temby was formerly a Board member of Melbourne Girls Grammar and a Partner at Affirmative Investment Management. Kate has worked in New York and Toronto in her roles as a Managing Director at Goldman Sachs and as a Consultant at Price Waterhouse (now PwC). She is a Managing Director with Metlife Investment Management, a Director of Conscious Investment Management. Kate is the Chair of the People & Corporate Sustainability Committee and NIL Investment Committee. Kate is also a member of the Compliance and Risk Management Committee and the Nomination Committee.
|
| Jodie Henson | Company Secretary | Aug 2023 |
-
|
| John Hanrahan | Chief Information Officer |
-
|
|
| Shanyn Payne | Chief People Officer |
-
|
|
| Jodie Henson | Chief Risk Legal and Governance Officer and Joint Company Secretary |
-
|
|
| Jodie Henson | Company Secretary |
-
|
|
| Damian Holland | Executive General Manager - Sales & Distributions |
-
|
|
| Amanda Atkinson | Executive General Manager -Service Administration & Support |
-
|
|
| Alistair Densley | Executive General Manager Transformation and Special Projects |
-
|
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| David Sutherland | Executive General Manager Investment Operations and Managed Accounts |
-
|
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| Matt West | Executive Manager - Product and Marketing |
-
|
Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| Heine Brothers Pty Ltd | 102,104,990 | 41.84% |
| HSBC Custody Nominees (Australia) Limited | 37,107,597 | 15.21% |
| J P Morgan Nominees Australia Pty Limited | 23,902,863 | 9.79% |
| Citicorp Nominees Pty Limited | 21,586,749 | 8.85% |
| Leslie Max Heine Pty Ltd <ATF The LMH Trust> | 14,508,265 | 5.95% |
| Netwealth Investments Limited <Wrap Services A/C> | 11,176,320 | 4.58% |
| Australian Foundation Investment Company Limited | 3,489,034 | 1.43% |
| National Nominees Limited | 3,236,721 | 1.33% |
| BNP Paribas Noms Pty Ltd <DRP> | 3,076,585 | 1.26% |
| BNP Paribas Nominees Pty Ltd <Agency Lending DRP A/C> | 2,386,799 | 0.98% |
| Netwealth Investments Limited <Super Services A/C> | 1,457,621 | 0.60% |
| HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> | 1,364,924 | 0.56% |
| BNP Paribas Nominees Pty Ltd <Hub24 Custodial Serv Ltd <DRP A/C> | 854,152 | 0.35% |
| Palm Beach Nominees Pty Ltd | 645,613 | 0.26% |
| Citicorp Nominees Pty Limited <Colonial First State Inv A/C> | 593,705 | 0.24% |
| Mirrabooka Investments Ltd | 550,162 | 0.23% |
| Ubs Nominees Pty Ltd | 448,400 | 0.18% |
| Amcil Limited | 437,200 | 0.18% |
| Asset Plus Pty Ltd <The Headline Investments A/C) | 424,573 | 0.17% |
| Neweconomy Com AU Nominees Pty Ltd <900 Account> | 421,850 | 0.17% |