GWA Group Limited (ASX:GWA) Insider Buys A$592,006.50 in Stock

GWA Group Limited (ASX:GWA) insider Richard Thornton bought 263,114 shares of GWA Group stock in a transaction dated Friday, March 14th. The shares were acquired at an average price of A$2.25 ($1.42) per share, with a total value of A$592,006.50 ($372,331.13).

GWA Group Stock Performance

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

GWA Group Increases Dividend

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

GWA Group Company Profile

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.