Helia Group (ASX:HLI) shares plummet as much as 14.1% to A$3.66, marking their worst session since June 17, 2022, should these losses persist.

The company’s stock proves to be the top loser on the ASX200.

Having traded ex-dividend, the mortgage insurer previously declared a final ordinary dividend of 15 AU cents per share and a special dividend of 30 AU cents per share on February 27.

The shares reach their lowest level since November 28, 2023.

The stock has decreased 2.07% this year, as of the most recent closing.

Reporting by Archishma Iyer.

Helia Group is a company that specializes in mortgage insurance.