Acrow Limited (ASX:ACF) Insider Steven Boland Acquires 80,000 Shares

Acrow Limited (ASX:ACFGet Free Report) insider Steven Boland acquired 80,000 shares of the firm’s stock in a transaction on Tuesday, April 16th. The shares were bought at an average cost of A$1.13 ($0.73) per share, for a total transaction of A$90,640.00 ($58,477.42).

Acrow Stock Performance

The company has a debt-to-equity ratio of 82.59, a current ratio of 1.10 and a quick ratio of 0.70.

Acrow Increases Dividend

The firm also recently announced a Interim dividend, which will be paid on Thursday, May 30th. Shareholders of record on Thursday, May 30th will be given a dividend of $0.029 per share. The ex-dividend date is Sunday, April 28th. This is an increase from Acrow’s previous Interim dividend of $0.02. This represents a yield of 2.5%. Acrow’s dividend payout ratio is presently 66.67%.

Acrow Company Profile

(Get Free Report)

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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