Gowing Bros. Limited (ASX:GOW) Insider John Gowing Buys 40,000 Shares

Gowing Bros. Limited (ASX:GOW) insider John Gowing bought 40,000 shares of the company’s stock in a transaction dated Friday, January 3rd. The stock was bought at an average price of A$2.24 ($1.40) per share, for a total transaction of A$89,600.00 ($56,000.00).

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

• On Wednesday, October 30th, John Gowing purchased 100,000 shares of Gowing Bros. stock. The stock was bought at an average cost of A$2.17 ($1.36) per share, with a total value of A$216,900.00 ($135,562.50).

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. Investors of record on Monday, November 4th were given a dividend of $0.035 per share. This represents a dividend yield of 1.59%. This is an increase from Gowing Bros.’s previous Final dividend of $0.03. The ex-dividend date was Wednesday, October 16th.

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.