Insider Buying: Elders (ASX:ELD) Insider Acquires 9,000 Shares of Stock

Elders Limited (ASX:ELD) insider Glenn Davis acquired 9,000 shares of the business’s stock in a transaction on Monday, February 9th. The shares were purchased at an average price of A$6.90 per share, with a total value of A$62,082.00.

Glenn Davis also recently made the following trade(s):

• On Friday, February 6th, Glenn Davis purchased 6,000 shares of Elders stock. The shares were purchased at an average cost of A$6.81 per share, with a total value of A$40,860.00.

Elders Price Performance

The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 18.32, a P/E/G ratio of 0.57 and a beta of 0.15. The company has a quick ratio of 0.79, a current ratio of 1.28 and a debt-to-equity ratio of 86.92.

Elders Dividend Announcement

The business also recently declared a Final dividend, which was paid on Monday, December 22nd. Stockholders of record on Monday, December 22nd were issued a $0.18 dividend. This represents a dividend yield of 243.0%. The ex-dividend date was Monday, November 24th. Elders’s dividend payout ratio (DPR) 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.