Gowing Bros. Limited (ASX:GOW) Insider John Gowing Purchases 40,000 Shares of Stock

Gowing Bros. Limited (ASX:GOW) insider John Gowing acquired 40,000 shares of Gowing Bros. stock in a transaction on Friday, January 3rd. The shares were bought at an average cost of A$2.24 ($1.39) per share, with a total value of A$89,600.00 ($55,652.17).

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

• On Wednesday, October 30th, John Gowing bought 100,000 shares of Gowing Bros. stock. The shares were bought at an average price of A$2.17 ($1.35) per share, for a total transaction of A$216,900.00 ($134,720.50).

Gowing Bros. Stock Performance

The company has a debt-to-equity ratio of 50.25, a quick ratio of 1.64 and a current ratio of 6.34.

Gowing Bros. Increases Dividend

The firm also recently declared a Final dividend, which was paid on Monday, November 4th. Shareholders of record on Monday, November 4th were issued a $0.035 dividend. The ex-dividend date was Wednesday, October 16th. This is an increase from Gowing Bros.’s previous Final dividend of $0.03. This represents a yield of 1.59%.

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.