Gowing Bros. Limited (ASX:GOW) Increases Dividend to $0.04 Per Share

Gowing Bros. Limited (ASX:GOW) announced a final dividend on Friday, October 11th, MarketIndexAU reports. Stockholders of record on Monday, November 4th will be paid a dividend of 0.035 per share on Monday, November 4th. This represents a dividend yield of 1.59%. The ex-dividend date of this dividend is Wednesday, October 16th. This is a positive change from Gowing Bros.’s previous final dividend of $0.03.

Gowing Bros. Price Performance

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

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.