Acrow Limited (ASX:ACF) Declares Dividend Increase – $0.03 Per Share

Acrow Limited (ASX:ACFGet Free Report) declared a interim dividend on Thursday, April 11th, MarketIndexAU reports. Stockholders of record on Thursday, May 30th will be paid a dividend of 0.029 per share on Thursday, May 30th. This represents a dividend yield of 2.5%. The ex-dividend date of this dividend is Sunday, April 28th. This is a boost from Acrow’s previous interim dividend of $0.02.

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.

Insider Activity

In other Acrow news, insider Steven Boland bought 80,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 16th. The shares were bought at an average price of A$1.13 ($0.73) per share, for a total transaction of A$90,640.00 ($58,477.42). 20.08% of the stock is owned by corporate insiders.

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.

Further Reading

Dividend History for Acrow (ASX:ACF)

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