Insider Buying: Elders (ASX:ELD) Insider Acquires A$40,860.00 in Stock

Elders Limited (ASX:ELD) insider Glenn Davis bought 6,000 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were acquired at an average price of A$6.81 per share, for a total transaction of A$40,860.00.

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

• On Monday, February 9th, Glenn Davis purchased 9,000 shares of Elders stock. The stock was acquired at an average price of A$6.90 per share, with a total value of A$62,082.00.

Elders Stock Performance

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

Elders Announces Dividend

The business also recently announced a Final dividend, which was paid on Monday, December 22nd. Shareholders of record on Monday, December 22nd were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Monday, November 24th. This represents a yield of 243.0%. Elders’s payout ratio is presently 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.