Acrow Limited (ASX:ACF – Get Free Report) insider Steven Boland purchased 1,074,294 shares of Acrow stock in a transaction that occurred on Friday, October 11th. The shares were bought at an average cost of A$1.09 ($0.73) per share, for a total transaction of A$1,170,980.46 ($785,892.93).
Acrow Stock Performance
The company has a quick ratio of 0.70, a current ratio of 1.22 and a debt-to-equity ratio of 75.69.
Acrow Increases Dividend
The company also recently declared a Final dividend, which will be paid on Thursday, November 28th. Investors of record on Thursday, November 28th will be paid a dividend of $0.03 per share. This is an increase from Acrow’s previous Final dividend of $0.03. The ex-dividend date of this dividend is Tuesday, October 29th. This represents a yield of 2.75%. Acrow’s payout ratio is 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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