Dicker Data Ltd (ASX:DDR) to Issue Interim Dividend of $0.05
Dicker Data Ltd (ASX:DDR) announced a interim dividend on Friday, September 20th, MarketIndexAU reports. Investors of record on Friday, October 4th will be given a dividend of 0.05 per share on Friday, October 4th. This represents a yield of 0.65%. The ex-dividend date is Monday, September 23rd.
DDR traded up A$0.03 ($0.02) during trading on Friday, hitting A$7.70 ($5.46). The company had a trading volume of 324,723 shares. The company has a market cap of $1.24 billion and a PE ratio of 30.68. The business has a 50-day moving average of A$6.63 and a 200-day moving average of A$5.07. The company has a debt-to-equity ratio of 151.40, a current ratio of 1.04 and a quick ratio of 0.79. Dicker Data has a 1-year low of A$2.78 ($1.97) and a 1-year high of A$7.85 ($5.57).
In related news, insider Vladimir Mitnovetski purchased 20,000 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The shares were purchased at an average cost of A$6.90 ($4.89) per share, with a total value of A$138,000.00 ($97,872.34). Insiders purchased 26,500 shares of company stock worth $170,745 over the last ninety days.
Dicker Data Limited engages in the wholesale distribution of computer hardware, software, and related products in Australia and New Zealand. The company offers a product portfolio of various technology vendors, including HP, Cisco, Toshiba, ASUS, Lenovo, Microsoft, and other brands. Dicker Data Limited sells its products to approximately 5,000 resellers.
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