Own NIB (ASX:NHF) shares? Here are the key dates for your investor diary in 2022

What are the dates that investors should pencil in?

| More on:
A woman in yellow jump holds a coffee and writes in a diary.

Image source: Getty Images

The NIB Holdings Limited (ASX: NHF) share price is heading south on Monday following the broader market’s slump. This comes amid the private health insurer announcing some key dates for its 2022 calendar this morning.

NIB shares finished trading on Monday at $7.04, down 2.63%. In comparison, the S&P/ASX 200 Index (ASX: XJO) has recovered throughout the day, posting a drop of just 0.07% to 7,448.2 points.

What’s on the agenda for NIB in 2022?

With the new year upon us, one of Australia’s premier health insurance provider, NIB released its 2022 calendar to investors.

The most important date in the near term is on 21 February, where NIB will deliver its half-year results for FY22.

In addition to its six-month performance report, a 2022 interim dividend is also expected to be announced.

The ex-dividend date for the interim dividend is scheduled to fall the following week on 3 March. This is when investors must have purchased NIB shares to be eligible for the upcoming interim dividend payment.

Furthermore, eligible shareholders can elect to participate in the dividend reinvestment plan (DRP) with the deadline being 7 March. For those who participate, a discount will be applied to the volume-weighted average price of receiving NIB shares.

The payment date for the interim dividend is set for 4 April, where investors will collect a portion of the company’s profits.

In contrast, NIB handed shareholders a fully-franked interim dividend of 10 cents per share for the first-half of FY21.

The above process will again repeat itself with NIB releasing its full-year results again sometime in August. Although these dates are yet to be released by the company.

NIB share price snapshot

NIB shares have been on the move since this time last year, leaping almost 20% over the period.

Based on today’s price, NIB commands a market capitalisation of roughly $3.23 billion and has approximately 458.46 million shares outstanding.

The company currently has a trailing dividend yield of 3.41% and a price-to-earnings (P/E) ratio of 20.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of January 12th 2022

Motley Fool contributor Aaron Teboneras owns NIB Holdings Limited. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended NIB Holdings Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Financial Shares

A man wearing glasses and a purple vest holds his hand to his chin and wonders why the Pendal share price is falling today
Financial Shares

Why was the Pendal share price in freefall on Thursday?

Pendal shares went ex-dividend today and investors will receive their interim payment on 1 July.

Read more »

A businesswoman in a suit and holding a briefcase marches higher as she steps from one stack of coins to the next.
Financial Shares

Why is the Magellan share price marching higher today?

Magellan launched Barrenjoey in September 2020. Barclays invested $45 million in the start-up at the time.

Read more »

A man reacts with surprise when her see a bargain price on his phone
Financial Shares

2 ASX shares with prices ‘far too low’ right now: Forager

Prominent fund explores why this pair of finance stocks will perform well and how 'the fear is overdone'.

Read more »

Young boy with glasses in a suit sits at a chair and reads a newspaper.
Financial Shares

What was the highest ever AMP share price?

AMP shares have been an infamous ASX performer in recent years. We take a look back through time.

Read more »

child in superman outfit pointing skyward, indicating a rising share price
Financial Shares

Why is the Magellan share price up 7% today?

Magellan shares are rocketing today, but why?

Read more »

A woman sits at her computer in deep contemplation with her hand to her chin and seriously considering information she is receiving from the screen of her laptop regarding the Xero share price
Broker Notes

Why does this broker see another 33% upside in the QBE share price?

The insurer looks set to deliver considerable upside, according to more than one broker.

Read more »

Rising arrow on a blue graph symbolising a rising share price.
Financial Shares

This ASX All Ordinaries share just leapt 7% on a $15 million share buyback

Money3 is returning value to shareholders.

Read more »

A woman researcher holds a finger up in happiness as if making the 'number one' sign with a graphic of technological data and an orb emanating from her finger while fellow researchers work in the background.
Financial Shares

Strategic Elements share price rockets 60% on ‘breakthrough’ news

What's causing this share to surge so high today?

Read more »