GWA Group Limited (ASX:GWA) Insider Buys A$592,006.50 in Stock

GWA Group Limited (ASX:GWA) insider Richard Thornton purchased 263,114 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The shares were purchased at an average cost of A$2.25 ($1.42) per share, with a total value of A$592,006.50 ($372,331.13).

GWA Group Price Performance

The firm has a market cap of $652.40 million, a price-to-earnings ratio of 16.89, a price-to-earnings-growth ratio of 1.50 and a beta of 0.85. The company has a debt-to-equity ratio of 60.02, a current ratio of 1.63 and a quick ratio of 0.94.

GWA Group Increases Dividend

The business also recently disclosed a Interim dividend, which was paid on Thursday, March 6th. Shareholders of record on Thursday, March 6th were issued a $0.075 dividend. The ex-dividend date of this dividend was Thursday, February 20th. This is a boost from GWA Group’s previous Interim dividend of $0.07. This represents a yield of 2.92%. GWA Group’s payout ratio is currently 107.14%.

GWA Group Company Profile

GWA Group Limited researches, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, and internationally. It offers vitreous China toilet suites, basins, plastic cisterns, taps and showers, baths, kitchen sinks, laundry tubs, smart products, and bathroom accessories, as well as domestic water control valves under the Caroma, Methven, Dorf, and Clark brands.