Insider Buying: Elders Limited (ASX:ELD) Insider Acquires A$52,350.00 in Stock

Elders Limited (ASX:ELD) insider Ian Wilton bought 7,500 shares of the company’s stock in a transaction that occurred on Friday, January 10th. The stock was bought at an average price of A$6.98 ($4.34) per share, with a total value of A$52,350.00 ($32,515.53).

Ian Wilton also recently made the following trade(s):

• On Tuesday, December 17th, Ian Wilton purchased 332 shares of Elders stock. The shares were purchased at an average price of A$7.53 ($4.68) per share, with a total value of A$2,498.96 ($1,552.15).

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