Elders Limited (ASX:ELD) Insider Glenn Davis Acquires 11,000 Shares

Elders Limited (ASX:ELD) insider Glenn Davis bought 11,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The stock was bought at an average cost of A$6.98 ($4.36) per share, for a total transaction of A$76,780.00 ($47,987.50).

Elders Stock Performance

The company has a current ratio of 1.12, a quick ratio of 0.79 and a debt-to-equity ratio of 74.92.

Elders Cuts Dividend

The company also recently announced a Final dividend, which will be paid on Thursday, January 23rd. Investors of record on Tuesday, January 23rd will be issued a $0.18 dividend. This represents a yield of 2.33%. The ex-dividend date of this dividend is Monday, December 16th. Elders’s payout ratio is currently 100.00%.

Elders Company Profile

Elders Limited provides agricultural products and services to rural and regional customers primarily in Australia. The company operates through Branch Network, Wholesale Products, and Feed and Processing Services segments. It supplies rural farm inputs, such as seeds, fertilizers, agricultural chemicals, animal health products, and general rural merchandise, as well as professional production and cropping advisory services; and provides retail services through corporate owned stores and through the Ag, Horse, and Pet brand names to independently owned member stores.