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 $6.09 billion
P/E Ratio 109.22
Dividend Yield 1.66%
Shares Outstanding 245.39 million
Earnings per share 0.231
Dividend per share 0.42
Year To Date Return -0.12%
Earnings Yield 0.92%
Franking 100%
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as at 24 Feb 3:44pm

Netwealth Group Ltd (ASX: NWL)
Latest News

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Earnings Results

Netwealth (ASX:NWL) share price lifts on record net inflows of $3.6bn

It was a busy quarter for Netwealth. Let's take a look at what it got up to...

Read more »

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Share Market News

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It's another red day for the ASX 200...

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Financial Shares

These 2 ASX fintech shares are delivering rapid growth. Are they buys?

Netwealth is one of the ASX techs rapidly growing.

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Share Market News

ASX 200 (ASX:XJO) midday update: Big four banks fall, Bega Cheese jumps again

Here's what is happening on the ASX 200 on New Year's Eve...

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Top 10 ASX 200 shares today
Share Market News

Here are the top 10 ASX shares today

Here are your top 10 biggest gainers in the ASX 200 on Monday.

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Share Market News

ASX 200 (ASX:XJO) midday update: Afterpay sinks, Woolworths bids for API

It has been another red day so far for the ASX 200...

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Ask a Fund Manager

2 ASX shares I regret and 2 that I don't: expert

Ask A Fund Manager: Fidelity International's Kate Howitt explains the big mistake she made with some ASX growth shares.

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Broker Notes

Is the Netwealth (ASX:NWL) share price a buy?

Netwealth shares are in focus after it launched a takeover bid for Praemium.

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share price rise
Mergers & Acquisitions

Here's why Praemium (ASX:PPS) shares are up 10% on Wednesday

Praemium carries its gains over from yesterday's acquisition saga where it rejected a takeover bid.

Read more »

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Share Gainers

Why is the Praemium (ASX:PPS) share price 15% higher on Tuesday?

The financial services company in the takeover sights of a competitor.

Read more »

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Share Market News

ASX 200 (ASX:XJO) midday update: Netwealth's merger proposal, IAG sinks

Here's what is happening on the ASX 200 on Melbourne Cup Day...

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Mergers & Acquisitions

Netwealth (ASX:NWL) share price drops on Praemium merger proposal

Netwealth wants to merge with rival Praemium...

Read more »

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
04 Mar 2026 $0.2100 100.00% Interim 26 Mar 2026
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
23 Apr 2026 $24.83 $-0.40 -1.59% 496,078 $24.96 $25.19 $24.42
22 Apr 2026 $25.23 $-0.20 -0.79% 464,599 $25.40 $25.40 $24.65
21 Apr 2026 $25.43 $0.04 0.16% 464,286 $25.16 $25.70 $25.16
20 Apr 2026 $25.39 $-0.03 -0.12% 327,814 $25.42 $25.71 $25.27
17 Apr 2026 $25.42 $0.20 0.79% 309,097 $24.87 $25.55 $24.87
16 Apr 2026 $25.22 $1.40 5.88% 651,661 $25.01 $25.58 $24.80
15 Apr 2026 $23.82 $0.55 2.36% 525,658 $24.42 $24.67 $23.71
14 Apr 2026 $23.27 $0.60 2.65% 567,746 $23.00 $23.39 $22.66
13 Apr 2026 $22.67 $-0.49 -2.12% 498,835 $22.22 $22.84 $22.11
10 Apr 2026 $23.16 $0.51 2.25% 497,382 $22.12 $23.30 $22.12
09 Apr 2026 $22.65 $-1.35 -5.63% 626,794 $22.80 $23.56 $22.21
08 Apr 2026 $24.00 $2.19 10.04% 1,739,792 $23.20 $24.29 $23.07
07 Apr 2026 $21.81 $0.59 2.78% 824,434 $22.70 $22.70 $21.48
02 Apr 2026 $21.22 $-1.44 -6.35% 975,373 $22.09 $23.58 $20.99
01 Apr 2026 $22.66 $1.08 5.00% 782,344 $22.20 $22.69 $22.03
31 Mar 2026 $21.58 $0.99 4.81% 798,622 $20.72 $21.91 $20.55
30 Mar 2026 $20.59 $-0.70 -3.29% 570,443 $20.65 $20.98 $20.25
27 Mar 2026 $21.29 $-0.88 -3.97% 666,336 $21.50 $21.98 $21.00
26 Mar 2026 $22.17 $-0.67 -2.93% 526,356 $22.70 $22.84 $21.96
25 Mar 2026 $22.84 $1.60 7.53% 1,365,724 $21.83 $22.97 $21.46

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%

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