Elanco Animal Health Inc (NYSE:ELAT – Get Rating) announced a quarterly dividend on Thursday, December 8th, Wall Street Journal reports. Investors of record on Friday, January 13th will be paid a dividend of 0.625 per share on Wednesday, February 1st. This represents a $2.50 dividend on an annualized basis and a yield of 12.31%. The ex-dividend date is Thursday, January 12th.
Elanco Animal Health Stock Up 0.1 %
ELAT opened at $20.31 on Friday. Elanco Animal Health has a 52-week low of $18.40 and a 52-week high of $45.79. The firm's fifty day simple moving average is $20.29 and its two-hundred day simple moving average is $27.18.
Get Elanco Animal Health alerts:Analyst Ratings Changes
Separately, TheStreet cut shares of Elanco Animal Health from a "c-" rating to a "d+" rating in a research report on Wednesday, August 31st.
Hedge Funds Weigh In On Elanco Animal Health
Several institutional investors have recently bought and sold shares of the company. Jane Street Group LLC purchased a new stake in shares of Elanco Animal Health during the 1st quarter worth $391,000. JPMorgan Chase & Co. acquired a new position in shares of Elanco Animal Health during the 2nd quarter valued at about $1,121,000. State Street Corp increased its stake in shares of Elanco Animal Health by 2.9% during the 1st quarter. State Street Corp now owns 216,200 shares of the company's stock valued at $8,881,000 after acquiring an additional 6,000 shares during the last quarter. Finally, BlackRock Inc. increased its stake in shares of Elanco Animal Health by 1.1% during the 3rd quarter. BlackRock Inc. now owns 1,178,843 shares of the company's stock valued at $24,650,000 after acquiring an additional 13,279 shares during the last quarter.Further Reading
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