Insider Buying: Elders (ASX:ELD) Insider Purchases A$62,082.00 in Stock

Elders Limited (ASX:ELD) insider Glenn Davis purchased 9,000 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were purchased at an average cost 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 stock was purchased at an average price of A$6.81 per share, for a total transaction of A$40,860.00.

Elders Stock Performance

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

Elders Announces Dividend

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