Insider Selling: Dicker Data Limited (ASX:DDR) Insider Sells 8,302,417 Shares of Stock

Dicker Data Limited (ASX:DDR) insider David Dicker sold 8,302,417 shares of the 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 transaction of A$67,249,577.70 ($42,295,331.89).

Dicker Data Price Performance

The company has a current ratio of 1.52, a quick ratio of 0.74 and a debt-to-equity ratio of 142.11. The firm 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.

Dicker Data Cuts Dividend

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

About Dicker Data

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.