Gowing Bros. Limited (ASX:GOW) Insider Purchases A$89,600.00 in Stock

Gowing Bros. Limited (ASX:GOW) insider John Gowing purchased 40,000 shares of the business’s stock in a transaction on Friday, January 3rd. The shares were bought at an average cost of A$2.24 ($1.39) per share, for a total transaction of A$89,600.00 ($55,652.17).

John Gowing also recently made the following trade(s):

• On Wednesday, October 30th, John Gowing acquired 100,000 shares of Gowing Bros. stock. The shares were bought at an average cost of A$2.17 ($1.35) per share, with a total value of A$216,900.00 ($134,720.50).

Gowing Bros. Price Performance

The company has a debt-to-equity ratio of 50.25, a quick ratio of 1.64 and a current ratio of 6.34.

Gowing Bros. Increases Dividend

The firm also recently announced a Final dividend, which was paid on Monday, November 4th. Stockholders of record on Monday, November 4th were paid a $0.035 dividend. This represents a dividend yield of 1.59%. The ex-dividend date of this dividend was Wednesday, October 16th. This is an increase from Gowing Bros.’s previous Final dividend of $0.03.

Gowing Bros. Company Profile

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.