Richard Thornton Purchases 263,114 Shares of GWA Group Limited (ASX:GWA) Stock

GWA Group Limited (ASX:GWA) insider Richard Thornton acquired 263,114 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The stock was bought at an average cost of A$2.25 ($1.42) per share, for a total transaction of A$592,006.50 ($372,331.13).

GWA Group Stock Performance

The company has a debt-to-equity ratio of 60.02, a quick ratio of 0.94 and a current ratio of 1.63. The firm has a market capitalization of $652.40 million, a PE ratio of 16.89, a P/E/G ratio of 1.50 and a beta of 0.85.

GWA Group Increases Dividend

The company also recently disclosed a Interim dividend, which was paid on Thursday, March 6th. Stockholders of record on Thursday, March 6th were given a dividend of $0.075 per share. The ex-dividend date of this dividend was Thursday, February 20th. This is a boost from GWA Group’s previous Interim dividend of $0.07. This represents a dividend yield of 2.92%. GWA Group’s dividend payout ratio is 107.14%.

About GWA Group

GWA Group Limited researches, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, and internationally. It offers vitreous China toilet suites, basins, plastic cisterns, taps and showers, baths, kitchen sinks, laundry tubs, smart products, and bathroom accessories, as well as domestic water control valves under the Caroma, Methven, Dorf, and Clark brands.