John Gowing Buys 52,540 Shares of Gowing Bros. (ASX:GOW) Stock

Gowing Bros. Limited (ASX:GOW) insider John Gowing purchased 52,540 shares of the business’s stock in a transaction that occurred on Thursday, October 23rd. The shares were purchased at an average cost of A$2.29 per share, with a total value of A$120,158.98.

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

• On Wednesday, October 22nd, John Gowing purchased 51,035 shares of Gowing Bros. stock. The shares were purchased at an average cost of A$2.28 per share, with a total value of A$116,206.70.

Gowing Bros. Stock Performance

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

Gowing Bros. Announces Dividend

The business also recently announced a Final dividend, which will be paid on Tuesday, November 4th. Shareholders of record on Tuesday, November 4th will be issued a $0.03 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a yield of 136.0%.

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.