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Nib chief confident final dividend can lift to pre-pandemic levels

Lucas Baird
Lucas BairdReporter
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Key Points

  • Revenue ($b) 1.2, down 7.2pc from year-earlier 1.3
  • Pretax profit ($m) 95.9 v 79.8 
  • Net profit ($m) 66.3 v 57.3
  • Interim dividend 10c, unchanged, payable on April 6 

Nib Holdings chief executive Mark Fitzgibbon says he expects the health insurer to lift its final dividend back to pre-COVID-19 pandemic levels after reporting a big interim profit gain.

Nib said it would increase premiums by 4.36 per cent this April. Chris Hopkins

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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com
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    Original URL: https://www.afr.com/companies/financial-services/nib-maintains-dividend-as-profit-takes-double-digit-hike-20210222-p574li