Insider Buying: Acrow Limited (ASX:ACF) Insider Acquires A$55,000.00 in Stock

Acrow Limited (ASX:ACFGet Free Report) insider Steven Boland acquired 50,000 shares of the company’s stock in a transaction that occurred on Friday, June 7th. The shares were acquired at an average price of A$1.10 ($0.73) per share, for a total transaction of A$55,000.00 ($36,423.84).

Steven Boland also recently made the following trade(s):

  • On Tuesday, April 16th, Steven Boland acquired 80,000 shares of Acrow stock. The shares were bought at an average price of A$1.13 ($0.75) per share, with a total value of A$90,640.00 ($60,026.49).

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.

Acrow Increases Dividend

The firm also recently declared a Interim dividend, which was paid on Thursday, May 30th. Stockholders of record on Thursday, May 30th were paid a $0.029 dividend. This is a boost from Acrow’s previous Interim dividend of $0.02. The ex-dividend date was Sunday, April 28th. This represents a dividend yield of 2.5%. Acrow’s dividend payout ratio is presently 66.67%.

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.

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