Acrow Formwork and Construction Services Limited provides engineered formwork, scaffolding and screen systems solutions, and in-house engineering and industrial labour supply services in Australia. The company is also involved in the rental of formwork equipment, including wall forming panel systems; soffit forming systems, such as Acrowform aluminum panels; GASS table forms; supercuplok; conventional systems; and scaffolding systems comprising cuplok scaffolding, super cuplok scaffolding, and ring-lok and quickstage scaffolding products. It offers hire and sales solutions to residential, commercial, civil, and industrial customers. Acrow Formwork and Construction Services Limited was founded in 1936 and is based in Sydney, Australia.
Acrow Formwork and Construction Services Dividend Announcement
• Acrow Formwork and Construction Services announced a semi annually dividend of A$0.03 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-10-30
• Acrow Formwork and Construction Services annual dividend for 2024 was A$0.06
• Acrow Formwork and Construction Services annual dividend for 2023 was A$0.04
• Acrow Formwork and Construction Services's trailing twelve-month (TTM) dividend yield is 5.38%
• Acrow Formwork and Construction Services's payout ratio for the trailing twelve months (TTM) is 56.40%
• Acrow Formwork and Construction Services's dividend growth over the last five years (2018-2023) was 54.49% year
Acrow Formwork and Construction Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-30 | A$0.03 | semi annually | 2024-11-29 |
2024-04-29 | A$0.03 | semi annually | 2024-05-31 |
2023-10-25 | A$0.03 | semi annually | 2023-11-30 |
2023-04-27 | A$0.02 | semi annually | 2023-05-31 |
2022-10-26 | A$0.01 | semi annually | 2022-11-30 |
2022-04-28 | A$0.01 | semi annually | 2022-05-27 |
2021-11-02 | A$0.01 | semi annually | 2021-11-25 |
2021-04-22 | A$0.01 | semi annually | 2021-05-14 |
2020-10-20 | A$0.01 | semi annually | 2020-11-13 |
2020-04-22 | A$0.01 | semi annually | |
2019-10-22 | A$0.01 | semi annually | 2019-11-15 |
2019-03-19 | A$0.01 | semi annually | 2019-04-12 |
2018-09-27 | A$0.01 | semi annually | 2018-10-22 |
Acrow Formwork and Construction Services Dividend per year
Acrow Formwork and Construction Services Dividend growth
Acrow Formwork and Construction Services Dividend Yield
Acrow Formwork and Construction Services current trailing twelve-month (TTM) dividend yield is 5.38%. Interested in purchasing Acrow Formwork and Construction Services stock? Use our calculator to estimate your expected dividend yield:
Acrow Formwork and Construction Services Financial Ratios
Acrow Formwork and Construction Services Dividend FAQ
Other factors to consider when evaluating Acrow Formwork and Construction Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Acrow Formwork and Construction Services stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Acrow Formwork and Construction Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Acrow Formwork and Construction Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Acrow Formwork and Construction Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Acrow Formwork and Construction Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Acrow Formwork and Construction Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Acrow Formwork and Construction Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Acrow Formwork and Construction Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Acrow Formwork and Construction Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Acrow Formwork and Construction Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.