Leanne Catelan Buys 55,000 Shares of Excelsior Capital Limited (ASX:ECL) Stock

Excelsior Capital Limited (ASX:ECL) insider Leanne Catelan acquired 55,000 shares of the company’s stock in a transaction on Wednesday, March 26th. The shares were purchased at an average cost of A$3.13 ($1.97) per share, with a total value of A$171,930.00 ($108,132.08).

Excelsior Capital Stock Performance

The company has a market capitalization of $92.20 million, a P/E ratio of 1.95 and a beta of 0.28.

Excelsior Capital Increases Dividend

The firm also recently announced a Interim dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 19th were paid a dividend of $0.04 per share. This is a boost from Excelsior Capital’s previous Interim dividend of $0.04. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a dividend yield of 1.25%. Excelsior Capital’s dividend payout ratio is currently 4.52%.

About Excelsior Capital

Excelsior Capital Limited manufactures and distributes electrical cables, connectors, and related components in Australia. The company operates in two segments, Electronics and Investment Portfolio. It offers electrical cables under the XLPE, Hartland, and Aflex brands. The company also provides cords and cable assemblies for use in medical, technology, lighting and entertainment, and original manufacture equipment markets; and underground couplers and receptacle products for mining and construction industries.