Netwealth Group Ltd (nwl) Logo

Netwealth Group Ltd (NWL)

___:___ · Financial Services
ASX Delayed
Cboe Live

What is live streaming pricing?

Stock prices will auto-update without reloading the page. How it works:

  • Flashing prices signify an increase (green) or decrease (red) from previous price. Otherwise, price is unchanged.
  • Expect a short delay while pricing data initially loads.
  • Note, prices only update during market hours (10am-4:13pm AEST).

More about Cboe Live pricing.

OK, got it
0.00
0.00
(0.00)
VOLUME
DIV YIELD
PE RATIO
1 YR RETURN
52 WEEK RANGE

NWL ASX Chart

Snapshot

Netwealth Group Limited (NWL) is to provide Financial Intermediaries and investors with financial services including managed funds, investor directed portfolio services, a superannuation master fund, separately managed accounts and self-managed superannuation administration service.

Share Price Activity (ASX)

Last (Price)
Change 0.00 (0.00)
Bid / Ask -
Volume
Volume (4w avg)
Turnover
Open
Day Range -
VWAP
Prev Close
Last Trade

Performance

1 Week
1 Month
2024 YTD
1 Year
vs Sector (1yr) +33.30%
vs ASX 200 (1yr) +48.71%

Size

Market Cap Question Mark Icon
Excludes mandatory escrowed shares and foreign shares.
ASX Rank 101 of 2,382
Sector Rank 23 of 621

Key Fundamentals

Shares Issued
Sector Financial Services
Similar Companies STW / IOZ / A200
EPS $0.31
DPS $0.27
Book Value Per Share $0.478

Broker Consensus

Breakdown 1 Buy · 0 Hold · 3 Sell
Recommendation Sell
Last Updated 31/05/24

Announcements

Price Sensitive only

Corporate Overview

Corporate Details

Head Office Melbourne VIC 3000
Website www.netwealth.com.au
Registry Link Market Services
Auditor Deloitte Touche Tohmatsu
Date Listed 20 Nov 2017

Upcoming Calendar (Forecasted)

Date Event
14/08/2024 Report (Prelim)
14/08/2024 Report (Annual)
18/02/2025 Report (Interim)

Former Company Names

  • Netwealth Group Ltd has no former company names.

Dividend History

DPS and Yield calculations use the Pay Date.

Ex-Date Amount Franking Gross Type Payable
04/03/2024 $0.14 100% $0.20 Interim 28/03/2024
22/08/2023 $0.13 100% $0.1857 Final 21/09/2023
22/02/2023 $0.11 100% $0.1571 Interim 24/03/2023
30/08/2022 $0.10 100% $0.1429 Final 29/09/2022
23/02/2022 $0.10 100% $0.1429 Interim 24/03/2022
26/08/2021 $0.095 100% $0.1357 Final 24/09/2021
22/02/2021 $0.0906 100% $0.1294 Interim 26/03/2021
25/08/2020 $0.078 100% $0.1114 Final 24/09/2020
25/02/2020 $0.069 100% $0.0986 Interim 26/03/2020
26/08/2019 $0.066 100% $0.0943 Final 26/09/2019
25/02/2019 $0.055 100% $0.0786 Interim 28/03/2019
10/09/2018 $0.1056 100% $0.1509 Final 27/09/2018

See Upcoming Dividends for all ASX companies.

Key Data
DPS(TTM) $0.27
Gross DPS(TTM) $0.3857
Dividend yield
Gross yield
Payout Ratio 87%
DRP No
DRP Features -

Directors & Management

Directors

Management

Director Transactions

NWL directors must report any change in shareholding to the ASX within 5 business days.

See Director Transactions for all ASX companies.

Date Director Type Amount Price Value Notes
04/04/24 Davyd Lewis Sell +25,453 $20.31 ($516,955) On-market trade
04/04/24 Timothy Antonie Sell +45,000 $20.31 ($913,982) On-market trade
04/04/24 Michael Heine Sell +1,500,000 $19.85 ($29,775,000) On-market trade
04/04/24 Matthew (Matt) Heine Sell +1,500,000 $19.85 ($29,775,000) On-market trade
24/10/23 Kate Temby Buy +3,000 $13.12 $39,349 On-market trade
11/09/23 Matthew (Matt) Heine Sell +3,300,000 $15.30 ($50,490,000) Off-market trade
11/09/23 Michael Heine Sell +3,300,000 $15.30 ($50,490,000) Off-market trade
17/08/23 Matthew (Matt) Heine Sell +2,801,200 $14.30 ($40,057,160) Off-market trade
17/08/23 Michael Heine Sell +2,801,200 $14.30 ($40,057,160) Off-market trade
30/08/22 Kate Temby Buy +3,000 $12.92 $38,760 On-market trade
25/08/22 Matthew (Matt) Heine Sell +5,600,000 $13.30 ($74,480,000) Off-market trade
19/11/21 Matthew (Matt) Heine Issued 23,825 $16.79 $400,021 Issue of securities
19/11/21 Matthew (Matt) Heine Issued 75,000 $16.79 $1,259,250 Issue of securities
24/08/21 Matthew (Matt) Heine Sell +5,600,000 $15.10 ($84,560,000) Off-market trade
24/08/21 Michael Heine Sell +5,600,000 $15.10 ($84,560,000) Off-market trade
23/08/21 Davyd Lewis Sell +32,732 $15.28 ($499,998) On-market trade
29/03/21 Sally Freeman Buy +9,000 $14.00 $126,000 On-market trade
26/03/21 Timothy Antonie Buy +5,000 $14.07 $70,350 On-market trade
25/02/21 Sally Freeman Buy +500 $14.53 $7,263 On-market trade
19/02/21 Matthew (Matt) Heine Sell +500,000 $15.30 ($7,650,000) Off-market trade
19/02/21 Timothy Antonie Sell +75,000 $15.30 ($1,147,500) Off-market trade
19/02/21 Davyd Lewis Sell +87,500 $15.30 ($1,338,750) Off-market trade
15/02/21 Timothy Antonie Buy +175,000 $0.471 $82,495 Conversion of securities
15/02/21 Timothy Antonie Exercise 175,000 $0.471 $82,495 Conversion of securities
15/02/21 Davyd Lewis Buy +175,000 $0.471 $82,495 Conversion of securities
15/02/21 Davyd Lewis Exercise 175,000 $0.471 $82,495 Conversion of securities
12/02/21 Matthew (Matt) Heine Buy +1,400,000 $0.471 $659,960 Conversion of securities
12/02/21 Matthew (Matt) Heine Exercise 1,400,000 $0.471 $659,960 Conversion of securities
26/08/20 Michael Heine Sell +5,500,000 $13.90 ($76,450,000) Off-market trade
26/08/20 Matthew (Matt) Heine Sell +5,500,000 $13.90 ($76,450,000) Off-market trade
26/08/20 Matthew (Matt) Heine Sell +375,000 $13.90 ($5,212,500) On-market trade
26/08/20 Jane Tongs Sell +110,000 $13.93 ($1,532,340) On-market trade
26/08/20 Davyd Lewis Sell +35,890 $13.93 ($499,979) On-market trade
20/01/20 Matthew (Matt) Heine Issued 132,373 $8.24 $1,090,754 Issue of options
20/01/20 Matthew (Matt) Heine Issued 132,373 $8.24 $1,090,753 Issue of options
09/09/19 Matthew (Matt) Heine Transfer 829,231 $8.40 $6,965,540 Off-market transfer
09/09/19 Matthew (Matt) Heine Transfer 829,231 $8.40 $6,965,540 Off-market transfer
06/09/19 Davyd Lewis Sell +60,050 $8.33 ($499,924) On-market trade
05/09/19 Jane Tongs Sell +76,159 $7.82 ($595,290) On-market trade
02/09/19 Matthew (Matt) Heine Transfer 7,100,000 $7.70 $54,670,000 Off-market transfer
02/09/19 Michael Heine Sell +7,100,000 $7.70 ($54,670,000) Off-market trade
25/06/19 Matthew (Matt) Heine Transfer 829,230 $8.66 $7,181,132 Off-market transfer
25/06/19 Matthew (Matt) Heine Transfer 829,230 $8.66 $7,181,132 Off-market transfer
28/08/18 Michael Heine Buy +40,000 $8.62 $344,762 On-market trade

Director Interests

The current holdings of NWL directors.

Director Last Notice Direct Shares Indirect Shares Options Convertibles
Timothy Antonie 04/04/2024 N/A 60,000 N/A N/A
Michael Heine 04/04/2024 106,944,990 116,653,255 N/A N/A
Davyd Lewis 04/04/2024 N/A 133,708 N/A N/A
Matthew (Matt) Heine 04/04/2024 3,736,405 120,389,660 207,373 N/A
Sarah Brennan 28/02/2024 0 N/A N/A N/A
Kate Temby 24/10/2023 0 6,000 N/A N/A
Sally Freeman 30/06/2023 N/A 9,500 N/A N/A

Shareholder Info

Top 20 Shareholders

Data supplied by Morningstar and accurate on Jul 27, 2023.

It's not possible to publish a real-time Top 20 Shareholder list. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). If a company chooses to publish the data, it's usually once a year in their Annual Report.

All data is manually compiled so there might be a delay between the Annual Report being published and the data appearing on Market Index (<7 days for ASX 300 and up to 30 days for micro-caps).

Name Shares Capital
Heine Brothers Pty Ltd 106,904,990 43.83%
HSBC Custody Nominees (Australia) Limited 33,276,786 13.64%
J P Morgan Nominees Australia Pty Limited 17,908,827 7.34%
Leslie Max Heine Pty Ltd <ATF The LMH Trust> 17,309,465 7.10%
Citicorp Nominees Pty Limited 16,049,532 6.58%
Netwealth Investments Limited <Wrap Services A/C> 12,673,881 5.20%
BNP Paribas Noms Pty Ltd <Drp> 6,444,547 2.64%
National Nominees Limited 5,208,183 2.14%
Australian Foundation Investment Company Limited 3,489,034 1.43%
BNP Paribas Nominees Pty Ltd <Agency Lending Drp A/C> 1,804,892 0.74%
Netwealth Investments Limited <Super Services A/C> 1,714,427 0.70%
HSBC Custody Nominees (Australia) Limited i 1,528,052 0.63%
Mirrabooka Investments Ltd 939,500 0.39%
Sandhurst Trustees Ltd <Harper Bernays Ltd A/C> 843,855 0.35%
BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <Drp A/C> 806,331 0.33%
Amcil Limited 524,000 0.21%
Asset Plus Pty Limited <ATF The Headline Investments Trust> 467,670 0.19%
Djerriwarrh Investments Limited 384,000 0.16%
BNP Paribas Nominees (NZ) Ltd 350,933 0.14%
Truebell Capital Pty Ltd <Truebell Investment Fund> 290,000 0.12%

Shareholder Distribution

As reported in the most recent Annual Report.

Holding Size 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001+ Total
No. of Shareholders 4,679 2,134 292 167 36 7,308

Substantial Shareholders

A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list.

Shareholding changes less than 1% do not require notification to the market. When all “Last Notice” dates are identical, it suggests that no (or minimal) change has occurred since the most recent Annual Report.

Note: If a substantial shareholder's stake drops below 5%, the "Shareholders Selling" field shows full ownership as sold and sets "New %" to zero, even if they continue to hold shares under the limit.

Name Last Notice Total Shares Shares Held (%)
Heine Brothers Pty Ltd 04/04/2024 116,653,255 47.80
Michael Max Heine 04/04/2024 116,653,255 47.80
Nicholas St Clair Max Heine 04/04/2024 116,700,005 47.82
Matthew Alexander Max Heine 04/04/2024 120,389,660 49.33
Leslie Max Heine Pty Ltd 17/08/2023 14,833,743 6.08

Shareholders Buying

12 month transaction history compiled from ASX announcements.

No buy transactions reported by Substantial Shareholders in the past 12 months.

Shareholders Selling

12 month transaction history compiled from ASX announcements.

Date Name Sold Previous % New %
04-04-24 Heine Brothers Pty Ltd 1,500,000 48.42 47.80
04-04-24 Nicholas St Clair Max Heine 1,500,000 48.44 47.82
04-04-24 Michael Max Heine 1,500,000 48.42 47.80
04-04-24 Matthew Alexander Max Heine 1,500,000 49.95 49.33
11-09-23 Heine Brothers Pty Ltd 3,300,000 49.80 48.42
11-09-23 Nicholas St Clair Max Heine 3,300,000 49.82 48.44
11-09-23 Michael Max Heine 3,300,000 49.80 48.42
11-09-23 Matthew Alexander Max Heine 3,300,000 51.33 49.95
17-08-23 Heine Brothers Pty Ltd 2,801,200 50.96 49.80
17-08-23 Nicholas St Clair Max Heine 2,801,200 50.98 49.82
17-08-23 Michael Max Heine 2,801,200 50.96 49.80
17-08-23 Leslie Max Heine Pty Ltd 2,801,306 7.23 6.08
17-08-23 Matthew Alexander Max Heine 2,801,200 52.50 51.33

Historical Data

Share Price History

Date Close Change %Chg Open High Low Volume Turnover

Historical Data

Year Closing Price Last Trade
2023 $13.84 30 June
2022 $12.16 30 June
2021 $17.15 30 June
2020 $8.97 30 June
2019 $8.00 28 June
2018 $8.22 29 June
NWL Historical Price Data (CSV)
Up to 20 years of EOD share price history

Important note:

All year-end and CSV data is "as traded on the day" and ignores corporate actions (e.g. share splits)

Market Index, ASX and Morningstar Logos

All data on this page is supplied by the ASX, Morningstar and Market Index. Read the disclaimer.