Gowing Bros. Limited (ASX:GOW – Get Free Report) insider John Gowing acquired 100,000 shares of the stock in a transaction that occurred on Wednesday, October 30th. The shares were bought at an average price of A$2.17 ($1.44) per share, for a total transaction of A$216,900.00 ($143,642.38).
Gowing Bros. Stock Performance
The company has a quick ratio of 1.64, a current ratio of 6.34 and a debt-to-equity ratio of 50.25.
Gowing Bros. Increases Dividend
The firm also recently declared a Final dividend, which was paid on Monday, November 4th. Shareholders of record on Monday, November 4th were given a $0.035 dividend. This is a positive change from Gowing Bros.’s previous Final dividend of $0.03. The ex-dividend date was Wednesday, October 16th. This represents a yield of 1.59%.
About Gowing Bros.
Gowing Bros. Limited operates as an investment and wealth management company in Australia. It operates through two divisions, Investment Management and Property Management. The Investment Management segment invests in securities listed on the Australian Stock Exchange in private equity vehicles, as well as loans, including mezzanine finance arrangements.
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