NIB stock pays a 21 cent dividend as FY26 profit falls

Published on 10/07/2026 at 05:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NIB stock's FY26 revenue reached AUD 3.8 billion, up 6.2 percent, while underlying operating profit rose 9.1 percent. It was last at AUD 6.47 on October 7, 2026.

NIB, AU000000NHF0, Illustration mit AI erstellt.

NIB stock (ISIN AU000000NHF0) was last at AUD 6.47 on the ASX on October 7, 2026, up 0.78 percent from the prior close. The company paid its AUD 0.21 FY26 final dividend on the same date, including a AUD 0.05 special dividend, according to Simply Wall St.

Dividend arrives as earnings diverge

The distribution follows nib's fiscal 2026 results for the year ended June 30, 2026. According to nib, group revenue reached AUD 3.8 billion, up 6.2 percent, while underlying operating profit rose 9.1 percent to AUD 260.9 million.

The earnings mix was less favorable at the bottom line. Net profit after tax fell 5.9 percent to AUD 186.9 million, statutory EPS declined 6.6 percent to 38.4 Australian cents, and net investment income dropped 27.8 percent to AUD 57.0 million, according to nib.

Travel sale reshapes the portfolio

nib's strategic repositioning also advanced in October. The company completed the sale of its travel insurance operations, receiving combined cash proceeds of AUD 97.6 million from Allianz Partners and SiriusPoint's IMG, as reported by Stockwirex on October 1, 2026.

The sale puts greater weight on nib's core health insurance operations and capital allocation. The FY26 dividend of 34.0 Australian cents per share, including the special payment, was 17.2 percent higher than the prior fiscal year, according to Kapitales Research.

Analyst target stays above the quote

A consensus update published by Simply Wall St on August 26, 2026, put the average 12-month price target at AUD 8.08, up from AUD 7.49 and based on 11 analysts. The AUD 8.08 target lies 24.9 percent above the AUD 6.47 price on October 7, 2026.

The contrast is useful for investors: operating profit expanded in FY26, but statutory profit and EPS contracted as investment income fell. The dividend therefore provides a visible shareholder return while the earnings figures point to the importance of claims costs, investment performance and execution after the travel disposal.

Stock trades below yearly high

NIB was last at AUD 6.47 on the ASX at 2:22 p.m. AEDT on October 7, 2026. The session range was AUD 6.40 to AUD 6.47, the 52-week range was AUD 5.79 to AUD 7.73, and market capitalization was AUD 3.2 billion as of October 7, 2026.