Elron Ventures Ltd (OTCMKTS:ELRNF) Declares Dividend Increase – $0.66 Per Share

Elron Ventures Ltd (OTCMKTS:ELRNFGet Rating) announced a dividend on Tuesday, November 22nd, investing.com reports. Investors of record on Monday, November 28th will be given a dividend of 0.6635 per share by the technology company on Monday, December 12th. This represents a yield of 24.57%. The ex-dividend date is Friday, November 25th. This is a positive change from Elron Ventures’s previous dividend of $0.50.

Elron Ventures Stock Performance

Elron Ventures stock opened at $2.70 on Wednesday. Elron Ventures has a 12-month low of $2.25 and a 12-month high of $4.06. The company has a quick ratio of 13.49, a current ratio of 13.49 and a debt-to-equity ratio of 0.07. The firm’s fifty day moving average price is $3.00 and its 200 day moving average price is $2.90.

Elron Ventures Company Profile

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Elron Ventures Ltd formerly known as Elron Electronic Industries Ltd, is a venture capital firm specializing in early stage and seed investment. The firm prefers to invest in cybersecurity, enterprise software or healthcare industries. The firm prefers to invest in Israel sector. Elron Ventures Ltd was founded in 1962 and is based in Tel Aviv, Israel with additional office in New York, New York.

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