GWA Group Limited (ASX:GWA) Insider Purchases 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 on Friday, March 14th. The stock was bought at an average price of A$2.25 ($1.43) per share, for a total transaction of A$592,006.50 ($377,074.20).

GWA Group Stock Performance

The company has a debt-to-equity ratio of 60.02, a quick ratio of 0.94 and a current ratio of 1.63. The stock has a market capitalization of $652.40 million, a price-to-earnings ratio of 16.89, a P/E/G ratio of 1.50 and a beta of 0.85.

GWA Group Increases Dividend

The business also recently declared a Interim dividend, which was paid on Thursday, March 6th. Investors of record on Thursday, March 6th were given a $0.075 dividend. The ex-dividend date 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 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.