Insider Buying: Goodwin PLC (LON:GDWN) Insider Buys 3,516 Shares of Stock

Goodwin PLC (LON:GDWN) insider Timothy J.W. Goodwin bought 3,516 shares of the firm’s stock in a transaction on Monday, February 17th. The shares were acquired at an average cost of GBX 7,110 ($89.70) per share, with a total value of £249,987.60 ($315,401.97).

Goodwin Stock Performance

Goodwin stock opened at GBX 7,065 ($89.14) on Tuesday. Goodwin PLC has a twelve month low of GBX 4,700 ($59.30) and a twelve month high of GBX 8,860 ($111.78). The company has a quick ratio of 1.00, a current ratio of 2.21 and a debt-to-equity ratio of 62.10. The company has a market capitalization of £538.03 million, a P/E ratio of 31.83 and a beta of 0.54. The stock’s 50 day moving average is GBX 7,379.36 and its 200 day moving average is GBX 7,176.50.

Goodwin (LON:GDWN) last released its earnings results on Tuesday, December 17th. The company reported GBX 150.91 ($1.90) EPS for the quarter. Goodwin had a return on equity of 14.13% and a net margin of 8.84%.

Goodwin Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, April 11th. Shareholders of record on Thursday, March 20th will be issued a GBX 66.50 ($0.84) dividend. The ex-dividend date of this dividend is Thursday, March 20th. This is a boost from Goodwin’s previous dividend of $57.50. This represents a yield of 0.85%. Goodwin’s payout ratio is 59.92%.

About Goodwin

Goodwin PLC, together with its subsidiaries, provides mechanical and refractory engineering solutions primarily in the United Kingdom, rest of Europe, the United States, the Pacific Basin, and internationally. The company designs, manufactures, and sells dual plate check valves, axial nozzle check valves and axial piston control, and isolation valves for large construction projects, including the construction of naval vessels, nuclear waste treatment, nuclear power generation, liquefied natural gas, gas, oil, petrochemical, mining, and water markets; submersible slurry pumps; and radar surveillance systems for defense contractors, civil aviation authorities, and coastal border security agencies.