Dicker Data Limited (ASX:DDR) Insider David Dicker Sells 8,302,417 Shares

Dicker Data Limited (ASX:DDR) insider David Dicker sold 8,302,417 shares of Dicker Data stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of A$8.10 ($5.09), for a total value of A$67,249,577.70 ($42,295,331.89).

Dicker Data Stock Performance

The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 20.20, a price-to-earnings-growth ratio of 2.09 and a beta of 0.43. The company has a quick ratio of 0.74, a current ratio of 1.52 and a debt-to-equity ratio of 142.11.

Dicker Data Cuts Dividend

The company also recently disclosed a Final dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 28th were issued a $0.11 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a dividend yield of 1.24%. Dicker Data’s payout ratio is currently 100.00%.

Dicker Data Company Profile

Dicker Data Limited engages in the wholesale distribution of computer hardware, software, cloud, access control, surveillance, and technologies in Australia and New Zealand. It sells its products to resellers partners. Dicker Data Limited was incorporated in 1972 and is headquartered in Kurnell, Australia.