Acrow Limited (ASX:ACF) Insider Steven Boland Buys 80,000 Shares

Acrow Limited (ASX:ACF) insider Steven Boland purchased 80,000 shares of the stock in a transaction dated Tuesday, April 16th. The stock was acquired at an average cost of A$1.13 ($0.73) per share, with a total value of A$90,640.00 ($58,477.42).

Acrow Stock Performance

The company has a current ratio of 1.10, a quick ratio of 0.70 and a debt-to-equity ratio of 82.59.

Acrow Increases Dividend

The company also recently disclosed a Interim dividend, which will be paid on Thursday, May 30th. Investors of record on Thursday, May 30th will be paid a dividend of $0.029 per share. This represents a dividend yield of 2.5%. The ex-dividend date of this dividend is Sunday, April 28th. This is a positive change from Acrow’s previous Interim dividend of $0.02. Acrow’s payout ratio is 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.