Leanne Catelan Buys 55,000 Shares of Excelsior Capital Limited (ASX:ECL) Stock

Excelsior Capital Limited (ASX:ECL) insider Leanne Catelan bought 55,000 shares of the company’s stock in a transaction on Wednesday, March 26th. The shares were acquired at an average price of A$3.13 ($1.97) per share, for a total transaction of A$171,930.00 ($108,132.08).

Excelsior Capital Stock Performance

The stock has a market capitalization of $92.20 million, a price-to-earnings ratio of 1.95 and a beta of 0.28.

Excelsior Capital Increases Dividend

The business also recently announced a Interim dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 19th were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a yield of 1.25%. This is a positive change from Excelsior Capital’s previous Interim dividend of $0.04. Excelsior Capital’s dividend payout ratio is currently 4.52%.

Excelsior Capital Company Profile

Excelsior Capital Limited manufactures and distributes electrical cables, connectors, and related components in Australia. The company operates in two segments, Electronics and Investment Portfolio. It offers electrical cables under the XLPE, Hartland, and Aflex brands. The company also provides cords and cable assemblies for use in medical, technology, lighting and entertainment, and original manufacture equipment markets; and underground couplers and receptacle products for mining and construction industries.