Dicker Data Ltd (DDR) to Issue Interim Dividend of $0.05 on June 3rd

Dicker Data Ltd (ASX:DDR) declared a interim dividend on Wednesday, May 15th, MarketIndexAU reports. Stockholders of record on Monday, June 3rd will be paid a dividend of 0.05 per share on Monday, June 3rd. This represents a dividend yield of 0.98%. The ex-dividend date of this dividend is Friday, May 17th. This is a boost from Dicker Data’s previous interim dividend of $0.04.

DDR stock opened at A$5.20 ($3.69) on Thursday. Dicker Data has a 1 year low of A$2.78 ($1.97) and a 1 year high of A$4.79 ($3.40). The stock has a market capitalization of $836.26 million and a P/E ratio of 25.74. The company has a quick ratio of 0.81, a current ratio of 1.16 and a debt-to-equity ratio of 137.12.

In related news, insider Vladimir Mitnovetski purchased 55,879 shares of the firm’s stock in a transaction that occurred on Wednesday, April 24th. The stock was bought at an average cost of A$4.05 ($2.87) per share, with a total value of A$226,086.43 ($160,344.99).

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Dicker Data Company Profile

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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