Acrow Limited (ASX:ACF – Get Free Report) insider Steven Boland purchased 80,000 shares of the firm’s stock in a transaction on Tuesday, April 16th. The stock was acquired 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 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 firm also recently declared a Interim dividend, which will be paid on Thursday, May 30th. Shareholders of record on Thursday, May 30th will be paid a $0.029 dividend. This represents a yield of 2.5%. This is a positive change from Acrow’s previous Interim dividend of $0.02. The ex-dividend date of this dividend is Sunday, April 28th. Acrow’s dividend payout ratio (DPR) is presently 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.
Further Reading
- Five stocks we like better than Acrow
- What is the Australian Securities Exchange (ASX)
- Hasbro’s Management Made All the Right Calls This Quarter
- How to Invest in Small Cap Stocks
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- Ride Out The Recession With These Dividend Kings
- Power Surge: Utilities Sector’s Resilience Shines
Receive News & Ratings for Acrow Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acrow and related companies with MarketBeat.com's FREE daily email newsletter.