Gowing Bros. Limited (ASX:GOW) Declares Interim Dividend of $0.03

Gowing Bros. Limited (ASX:GOW) declared a interim dividend on Friday, March 28th, MarketIndexAU Dividends reports. Shareholders of record on Monday, April 28th will be paid a dividend of 0.03 per share on Monday, April 28th. This represents a dividend yield of 1.33%. The ex-dividend date is Sunday, April 6th.

Gowing Bros. Price Performance

The company has a current ratio of 6.33, a quick ratio of 1.64 and a debt-to-equity ratio of 50.25. The stock has a market capitalization of $121.67 million, a price-to-earnings ratio of -2,811.45 and a beta of 0.61.

Insider Buying and Selling at Gowing Bros.

In other Gowing Bros. news, insider James Gowing acquired 25,000 shares of the business’s stock in a transaction dated Wednesday, January 8th. The shares were acquired at an average price of A$2.26 ($1.42) per share, for a total transaction of A$56,600.00 ($35,597.48). Also, insider John Gowing bought 40,000 shares of the stock in a transaction that occurred on Friday, January 3rd. The shares were acquired at an average cost of A$2.24 ($1.41) per share, with a total value of A$89,600.00 ($56,352.20). Over the last ninety days, insiders have acquired 105,000 shares of company stock valued at $237,680. 74.06% of the stock is currently owned by insiders.

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.