Netwealth Group Ltd (ASX: NWL) Share Price and News

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Netwealth Group Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $6.18 billion
P/E Ratio 53.79
Dividend Yield 1.51%
Shares Outstanding 245.37 million
Earnings per share 0.475
Dividend per share 0.42
Year To Date Return -0.47%
Earnings Yield 1.86%
Franking 100%
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as at 24 Feb 3:44pm

  • Netwealth Group Ltd (ASX: NWL)
    Latest News

    A man sits thoughtfully on the couch with a laptop on his lap.
    Financial Shares

    Up 58% since April, this ASX 200 financial stock just reported record results

    The ASX 200 wealth management and technology company has been on a tear since April. Here’s the latest.

    Read more »

    A young woman smiles as she rides a zip line high above the trees.
    Financial Shares

    5 best ASX 200 financial shares of FY25 (CBA didn't make the cut!)

    These stocks were well and truly 'in the black' for share price growth last financial year.

    Read more »

    Red sell button on an Apple keyboard.
    Share Market News

    Why it's time to sell IAG and 2 other ASX 200 financial shares: brokers

    Tony Paterno from Ord Minnett and Toby Grimm from Baker Young have sell ratings on these stocks.

    Read more »

    Man jumps for joy in front of a background of a rising stocks graphic.
    Share Market News

    Record CBA share price and Iran-Israel ceasefire lift ASX 200 financials to new peak

    ASX financial shares led the 11 market sectors last week, gaining 1.82% and reaching a record high.

    Read more »

    Modern accountant woman in a light business suit in modern green office with documents and laptop.
    Financial Shares

    Forget the Big 4 banks and buy these 2 compelling ASX 200 financials stocks

    The Big 4 banks might be steady, but if you’re after real growth in financials, here are two modern, scalable…

    Read more »

    Man smiling at a laptop because of a rising share price.
    Financial Shares

    How this quality ASX 200 stock is 'ideally placed' for years of growth

    A leading expert expects more outperformance from this high-flying ASX 200 stock.

    Read more »

    A businessman looking at his digital tablet or strategy planning in hotel conference lobby. He is happy at achieving financial goals.
    Broker Notes

    Top brokers name 3 ASX shares to buy next week

    Brokers gave buy ratings to these ASX shares last week. Why are they bullish?

    Read more »

    Three people in a corporate office pour over a tablet, ready to invest.
    Broker Notes

    Leading brokers name 3 ASX shares to buy today

    Here's why brokers believe that now could be the time to snap up these shares.

    Read more »

    A neon sign says 'Top Ten'.
    Share Gainers

    Here are the top 10 ASX 200 shares today

    It was once again back to the races for investors today.

    Read more »

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    Share Gainers

    5 ASX 200 shares leading the charge higher in Thursday's rocketing market

    It’s a great day to be invested in ASX 200 shares today. Especially in these five!

    Read more »

    Ecstatic man giving a fist pump in an office hallway.
    Share Gainers

    Why Boss Energy, Netwealth, Woodside, and Zip shares are racing higher today

    These shares are rebounding more than most on Thursday. But why?

    Read more »

    A bland looking man in a brown suit opens his jacket to reveal a red and gold superhero dollar symbol on his chest.
    Technology Shares

    Guess which ASX tech stock is jumping 10% on strong update

    It has been another impressive quarter for this tech star.

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    Frequently Asked Questions

    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.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    03 Sep 2025 $0.2100 100.00% Final 25 Sep 2025
    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.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    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.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    14 Jan 2026 $25.19 $0.04 0.16% 547,067 $25.15 $25.24 $24.77
    13 Jan 2026 $25.15 $-0.40 -1.57% 335,853 $25.85 $25.85 $25.15
    12 Jan 2026 $25.55 $-0.21 -0.82% 284,916 $25.75 $26.28 $25.50
    09 Jan 2026 $25.76 $-0.31 -1.19% 342,614 $26.07 $26.34 $25.68
    08 Jan 2026 $26.07 $0.45 1.76% 533,142 $25.20 $26.24 $25.20
    07 Jan 2026 $25.62 $0.46 1.83% 432,180 $25.36 $25.62 $24.98
    06 Jan 2026 $25.16 $-0.28 -1.10% 423,422 $25.78 $25.78 $25.04
    05 Jan 2026 $25.44 $-0.39 -1.51% 322,727 $25.77 $25.99 $25.33
    02 Jan 2026 $25.83 $0.16 0.62% 205,967 $25.50 $25.99 $25.50
    31 Dec 2025 $25.67 $-0.02 -0.08% 275,396 $26.00 $26.00 $25.46
    30 Dec 2025 $25.69 $0.52 2.07% 336,063 $25.46 $25.87 $25.20
    29 Dec 2025 $25.17 $-1.72 -6.40% 495,671 $27.00 $27.05 $25.05
    24 Dec 2025 $26.89 $0.42 1.59% 275,331 $25.88 $26.97 $25.87
    23 Dec 2025 $26.47 $0.46 1.77% 464,969 $26.25 $26.60 $25.79
    22 Dec 2025 $26.01 $0.76 3.01% 410,648 $25.77 $26.01 $25.47
    19 Dec 2025 $25.25 $-1.75 -6.48% 825,416 $26.66 $26.84 $25.25
    18 Dec 2025 $27.00 $0.51 1.93% 1,187,999 $25.22 $27.39 $25.22
    17 Dec 2025 $26.49 $-0.41 -1.52% 1,105,916 $27.07 $27.39 $26.24
    16 Dec 2025 $26.90 $0.14 0.52% 285,132 $26.65 $26.97 $26.45

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    14 Nov 2025 Matthew (Matt) Heine Issued 30,926 $869,020
    Issue of securities. 120,344 Rights
    15 Sep 2025 Matthew (Matt) Heine Exercise 28,467 $868,528
    Conversion of securities. 89,418 Rights
    15 Sep 2025 Matthew (Matt) Heine Exercise 153,232 $1,771,496
    Exercise of options. As per announcement on 19-09-2025
    15 Sep 2025 Matthew (Matt) Heine Buy 153,232 $1,771,496
    Exercise of options.
    15 Sep 2025 Matthew (Matt) Heine Buy 28,467 $868,528
    Conversion of securities.
    02 Sep 2025 Sarah Brennan Buy 3,080 $99,739
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Matthew (Matt) Alexander Max Heine Chief Executive OfficerJoint Managing Director Jun 2017
    Mr Heine has been involved in the development and management of Netwealth Strategy, Platform and products as well as the distribution, branding and Marketing of the Group. He 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. His 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 and more. He is the Chair of the Compliance and Risk Management Committee.
    Mr Michael Max Heine Non-Executive Director Jun 2017
    Mr Heine has experience in Australian and International markets, including commodity trading, international financing, mortgage lending and property development. He established 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).
    Ms Sarah Jane Brennan Non-Executive Director Feb 2024
    Ms Brennan founded and was Managing Partner of Comparator Business Benchmarking, a provider of benchmarking to Australian financial services market. She was also the founder of The Private Collection Australia and a past Deputy Chair and Director of the Financial Planning Association of Australia. She is a member of Compliance and Risk Management Committee.
    Mr Michael Howard Wachtel Non-Executive DirectorNon-Executive Chairman Jun 2025
    Mr Wachtel brings professional background and xtensive global experience in governance, risk management, finance and international transactions to the role. Through his Future Fund Board role, he had an involvement in global markets and monetary policy trends. He has previously held several leadership roles in professional services organisations, including as Chair (Asia Pacific and Oceania) of EY and a member of the EY Global Governance Council and Global Risk Executive Committee. He is a member of the People & Corporate Sustainability Committee.
    Ms Sally Margaret Freeman Non-Executive Director Oct 2019
    Ms Freeman's executive career, spanned 20 years of partnership, culminating in several leadership roles with KPMG: Global Executive Risk Consulting Services, Australia Managing Partner Risk Consulting, Partner in Charge Board Advisory and Managing Partner Internal Audit. She is currently a Non-Executive Director at Regional Investment Corporation, Melbourne Football Club, Eastern Health, and Suburban Rail Loop Authority. She is a member of the Compliance and Risk Management Committee,
    Ms Kate Temby Non-Executive Director Feb 2021
    Ms Temby brings experience across investment management, people leadership and sustainable investing. She is a Managing Director with Metlife Investment Management and a Director of Conscious Investment Management (a diversified impact investment manager) and Jakol Investments Pty Ltd. She was formerly a Board member of Melbourne Girls Grammar, Investment Committee member of Melbourne Grammar School 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 the Chair of the People & Corporate Sustainability Committee and member of the Risk Management Committee.
    Jodie Henson Company Secretary Aug 2023
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    Hayden Stockdale Chief Financial Officer
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    John Hanrahan Chief Information Officer
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    Shanyn Payne Chief People Officer
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    Jodie Henson Company Secretary
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    Matt West Executive General Manager Product and Marketing
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    Damian Holland Executive General Manager Sales and Distributions
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    Amanda Atkinson Executive General Manager Service Administration and Support
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    David Sutherland Executive General Manager Investment Operations and Managed Accounts
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    Lindsay Coates Executive General Manager Private Wealth and Banking
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    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Heine Brothers Pty Ltd 100,000,000 40.81%
    HSBC Custody Nominees (Australia) Limited 44,361,725 18.11%
    Citicorp Nominees Pty Limited 25,906,928 10.57%
    J P Morgan Nominees Australia Pty Limited 21,857,204 8.92%
    Leslie Max Heine Pty Ltd 13,408,265 5.47%
    Netwealth Investments Limited 9,482,696 3.87%
    BNP Paribas Noms Pty Ltd 3,595,363 1.47%
    Australian Foundation Investment Company Limited 3,286,037 1.34%
    BNP Paribas Nominees Pty Ltd 2,418,634 0.99%
    National Nominees Limited 1,679,658 0.69%
    Netwealth Investments Limited i 1,460,675 0.60%
    BNP Paribas Nominees Pty Ltd i 978,141 0.40%
    HSBC Custody Nominees (Australia) Limited i 879,806 0.36%
    Palm Beach Nominees Pty Ltd 647,671 0.26%
    HSBC Custody Nominees (Australia) Limited ii 460,996 0.19%
    Mirrabooka Investments Ltd 395,928 0.16%
    Asset Plus Pty Ltd 359,450 0.15%
    AMCIL Limited 325,600 0.13%
    Citicorp Nominees Pty Limited i 257,498 0.10%
    Sandhurst Trustee Ltd 257,211 0.10%

    Profile

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