Acrow Formwork and Construction Services Limited (ASX:ACF) Plans Dividend Increase – $0.01 Per Share

Acrow Formwork and Construction Services Limited (ASX:ACFGet Rating) declared a interim dividend on Wednesday, April 13th, MarketIndexAU reports. Stockholders of record on Thursday, May 26th will be paid a dividend of 0.012 per share on Thursday, May 26th. This represents a dividend yield of 2.35%. The ex-dividend date is Wednesday, April 27th. This is a boost from Acrow Formwork and Construction Services’s previous interim dividend of $0.0075.

The company has a quick ratio of 0.61, a current ratio of 0.99 and a debt-to-equity ratio of 79.55.

In other Acrow Formwork and Construction Services news, insider Steven Boland sold 145,537 shares of Acrow Formwork and Construction Services stock in a transaction on Wednesday, March 2nd. The shares were sold at an average price of A$0.52 ($0.38), for a total transaction of A$75,388.17 ($55,843.09). In the last ninety days, insiders have purchased 122,030 shares of company stock worth $63,367.

Acrow Formwork and Construction Services Company Profile (Get Rating)

Acrow Formwork and Construction Services Limited operates as a formwork and scaffolding company in Australia. It is involved in the rental of formwork equipment, including wall forming panel systems; soffit forming systems, such as Acrowform aluminum panels; GASS table forms; cuplok; conventional systems; and scaffolding systems comprising cuplok scaffolding, super cuplok scaffolding, and ring-lok and quickstage scaffolding products.

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Dividend History for Acrow Formwork and Construction Services (ASX:ACF)

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