Elders (OTCMKTS:EDESY) Stock Price Down 5.8% – What’s Next?

Elders Limited (OTCMKTS:EDESY) shares were down 5.8% on Friday . The stock traded as low as $24.50 and last traded at $24.50. Approximately 100 shares changed hands during trading, an increase of 0% from the average daily volume of 100 shares. The stock had previously closed at $26.00.

Elders Stock Performance

The firm has a fifty day moving average of $26.73 and a 200 day moving average of $28.52.

Elders Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, February 10th. Shareholders of record on Wednesday, December 18th will be given a dividend of $0.4101 per share. The ex-dividend date is Wednesday, December 18th. This is an increase from Elders’s previous dividend of $0.30.

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.