Acrow Limited (ASX:ACF – Get Free Report) insider Steven Boland purchased 80,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 16th. The stock was purchased at an average price of A$1.13 ($0.73) per share, with a total value of A$90,640.00 ($58,477.42).
Acrow Price Performance
The company has a debt-to-equity ratio of 82.59, a quick ratio of 0.70 and a current ratio of 1.10.
Acrow Increases Dividend
The business also recently disclosed a Interim dividend, which will be paid on Thursday, May 30th. Stockholders of record on Thursday, May 30th will be given a dividend of $0.029 per share. This represents a dividend yield of 2.5%. The ex-dividend date of this dividend is Sunday, April 28th. This is an increase from Acrow’s previous Interim dividend of $0.02. Acrow’s payout ratio is currently 66.67%.
Acrow Company Profile
Acrow Limited provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia. It offers falsework and shoring systems; formwork systems; scaffolding systems; specialized construction systems, such as Acrow screens, jacking systems, and universal soldier systems; and hardware and consumables, which includes props, timber and ply, containment, and scaffold accessories.
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