Dicker Data (ASX:DDR) Reaches New 52-Week High at $5.82

Shares of Dicker Data Ltd (ASX:DDR) reached a new 52-week high on Thursday . The stock traded as high as A$5.82 ($4.13) and last traded at A$5.73 ($4.06), with a volume of 237605 shares traded. The stock had previously closed at A$5.42 ($3.84).

The company has a quick ratio of 0.81, a current ratio of 1.16 and a debt-to-equity ratio of 137.12. The company has a market capitalization of $907.20 million and a price-to-earnings ratio of 27.82.

The business also recently declared a Interim dividend, which was paid on Monday, June 3rd. Investors of record on Monday, June 3rd were paid a $0.05 dividend. The ex-dividend date of this dividend was Friday, May 17th. This represents a dividend yield of 0.98%. This is an increase from Dicker Data’s previous Interim dividend of $0.04. Dicker Data’s dividend payout ratio is presently 99.01%.

In other Dicker Data news, insider Vladimir Mitnovetski bought 55,879 shares of the business’s stock in a transaction on Wednesday, April 24th. The shares were acquired at an average cost of A$4.05 ($2.87) per share, for a total transaction of A$226,086.43 ($160,344.99).

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Dicker Data Company Profile (ASX:DDR)

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.

Further Reading: What is Cost of Goods Sold (COGS)?

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