Elron Electronic Industries Ltd. (OTCMKTS:ELRNF) Plans $0.10 Dividend

Elron Electronic Industries Ltd. (OTCMKTS:ELRNF) announced a dividend on Wednesday, August 20th, investing.com reports. Stockholders of record on Tuesday, August 26th will be given a dividend of 0.104 per share by the technology company on Tuesday, September 16th. This represents a dividend yield of 3,466.0%. The ex-dividend date is Monday, August 25th.

Elron Electronic Industries Stock Performance

Shares of Elron Electronic Industries stock opened at $1.60 on Thursday. The company has a quick ratio of 15.13, a current ratio of 12.15 and a debt-to-equity ratio of 0.06. The firm’s 50 day moving average price is $1.57 and its 200-day moving average price is $1.33. Elron Electronic Industries has a 52-week low of $0.71 and a 52-week high of $1.85.

About Elron Electronic Industries

Elron Ventures Ltd is a venture capital firm specializing in early stage and seed investment. The firm prefers to invest in B2B software, 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.