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

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

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 6.33. The firm has a market capitalization of $121.67 million, a P/E ratio of -2,811.45 and a beta of 0.61.

Insider Activity at Gowing Bros.

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

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.