Acrow Limited (ASX:ACF) Raises Dividend to $0.03 Per Share

Acrow Limited (ASX:ACFGet Free Report) announced a interim dividend on Thursday, April 11th, MarketIndexAU reports. Investors of record on Thursday, May 30th will be paid a dividend of 0.029 per share on Thursday, May 30th. This represents a 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 quick ratio of 0.70, a current ratio of 1.10 and a debt-to-equity ratio of 82.59.

Insider Activity at Acrow

In related news, insider Steven Boland purchased 80,000 shares of the business’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, with a total value of A$90,640.00 ($58,477.42). 20.08% of the stock is currently owned by insiders.

About Acrow

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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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