Acrow Limited (ASX:ACF – Get Free Report) insider Steven Boland acquired 80,000 shares of the company’s stock in a transaction dated Tuesday, April 16th. The stock was acquired at an average cost 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 current ratio of 1.10, a quick ratio of 0.70 and a debt-to-equity ratio of 82.59.
Acrow Increases Dividend
The business also recently announced a Interim dividend, which will be paid on Thursday, May 30th. Stockholders of record on Thursday, May 30th will be given a $0.029 dividend. This is an increase from Acrow’s previous Interim dividend of $0.02. The ex-dividend date is Sunday, April 28th. This represents a dividend yield of 2.5%. Acrow’s dividend payout ratio is presently 66.67%.
About Acrow
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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