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

Gowing Bros. Limited (ASX:GOW) declared a interim dividend on Friday, March 28th, MarketIndexAU Dividends reports. Stockholders 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 market cap of $121.67 million, a P/E ratio of -2,811.45 and a beta of 0.61. The company has a debt-to-equity ratio of 50.25, a current ratio of 6.33 and a quick ratio of 1.64.

Insider Buying and Selling

In related news, insider John Gowing acquired 40,000 shares of Gowing Bros. stock in a transaction that occurred on Friday, January 3rd. The stock was bought 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 acquired 25,000 shares of the stock in a transaction on Wednesday, January 8th. The shares were bought at an average price of A$2.26 ($1.42) per share, with a total value of A$56,600.00 ($35,597.48). Insiders acquired a total of 105,000 shares of company stock worth $237,680 in the last three months. 74.06% of the stock is owned by corporate 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.