Acrow Limited (ASX:ACF – Get Free Report) insider Steven Boland bought 1,074,294 shares of the firm’s stock in a transaction on Friday, October 11th. The shares were acquired at an average price 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 debt-to-equity ratio of 75.69, a quick ratio of 0.70 and a current ratio of 1.22.
Acrow Increases Dividend
The business also recently announced a Final dividend, which will be paid on Thursday, November 28th. Shareholders of record on Thursday, November 28th will be issued a dividend of $0.03 per share. The ex-dividend date is Tuesday, October 29th. This is an increase from Acrow’s previous Final dividend of $0.03. This represents a yield of 2.75%. Acrow’s 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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