Glenn Davis Buys 11,000 Shares of Elders Limited (ASX:ELD) Stock

Elders Limited (ASX:ELD) insider Glenn Davis purchased 11,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The shares were bought at an average price of A$6.98 ($4.39) per share, with a total value of A$76,780.00 ($48,289.31).

Elders Price Performance

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

Elders Cuts Dividend

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

About Elders

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.