Elders Limited Plans Dividend of $0.23 (OTCMKTS:EDESY)

Elders Limited (OTCMKTS:EDESY – Get Rating) declared a dividend on Saturday, May 20th, investing.com reports. Stockholders of record on Thursday, May 25th will be given a dividend of 0.2307 per share on Friday, July 7th. This represents a dividend yield of 5.07%. The ex-dividend date is Wednesday, May 24th.

Elders Trading Down 15.7 %

Shares of EDESY stock opened at $23.71 on Monday. The stock’s 50-day moving average price is $28.11. Elders has a 12 month low of $23.71 and a 12 month high of $34.53.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded shares of Elders from a “conviction-buy” rating to a “buy” rating in a research note on Monday, April 17th.

Elders Company Profile

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Elders Ltd. is engaged in providing financial, real estate services to rural, agricultural and automotive businesses. The firm operates its business through the following segments: Branch Network, Wholesale Products, Feed and Processing Services, and Corporate Services and Other. The Branch Network segment includes the provision of a range of agricultural products and services through a common distribution channel.