Trade National Western Life Insurance - NWLI CFD

Trading Conditions
Spread1.77
Long position overnight fee
Long position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
-0.026179 %
(-US$1.05)

Trade size with leverage ~ US$5,000.00

Short position overnight fee ~ US$4,000.00


-0.026179%
Short position overnight fee
Short position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
0.003957 %
(US$0.16)

Trade size with leverage ~ US$5,000.00

Short position overnight fee ~ US$4,000.00


0.003957%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity1
Margin20
Stock exchangeUnited States of America
Commission on trade10%

Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close487.53
Open486.74
1-Year Change94.81%
Day's Range486.74 - 488.84

National Western Life Insurance Company profile

About National Western Life Group Inc

National Western Life Group, Inc. is a stock life insurance company. The Company's segments include Domestic Life Insurance, International Life Insurance, Annuities and ONL and Affiliates. Its Domestic Insurance Operations is licensed to do business in all states and the District of Columbia, except for New York. Its products marketed include annuities, universal life insurance and traditional life insurance, which include both term and whole life products. It markets and distributes its domestic products primarily through independent national marketing organizations (NMOs). Its International Insurance Operations focus on foreign nationals in upper socioeconomic classes. It offers a portfolio of individual whole life, universal life and term insurance plans and annuities, including supplementary riders. Its life products provide protection for the life of the insured. Its Annuity products sells equity-index (fixed-index) annuities, single premium immediate annuities and other.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, National Western Life Group Inc revenues increased 19% to $824.1M. Net income increased 96% to $180.7M. Revenues reflect increase in net premium earned. Net income benefited from Fees and Commissions Expense decrease of 3% to $10.8M (expense), Total other-than-temporary impairment (O decrease from $5K (expense) to $0K. Dividend per share remained flat at $0.36.

Equity composition

Common Stock Cl. A $1 Par, 4/11, 7.5M auth., 3,429,241 issd. Insiders own 34.41%, . Cl. B Common $1 Par, 12/10, 200K auth., 200,000 issd. PO 1/63, 28,819 shares @ $9.50 to certain policyholder by the Company. FY'99-'00 are reclassified. FY'01 Q's are reclassified.