Insider Selling: Data#3 Limited (ASX:DTL) Insider Sells A$50,596.22 in Stock

Data#3 Limited (ASX:DTL) insider Susan Forrester sold 6,796 shares of the business’s stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of A$7.45 ($4.68), for a total value of A$50,596.22 ($31,821.52).

Data#3 Stock Performance

The stock has a market cap of $1.11 billion, a P/E ratio of 25.70, a P/E/G ratio of 2.28 and a beta of 0.75. The company has a debt-to-equity ratio of 27.49, a quick ratio of 1.00 and a current ratio of 1.07.

Data#3 Increases Dividend

The firm also recently announced a Interim dividend, which will be paid on Sunday, March 30th. Investors of record on Sunday, March 30th will be given a $0.131 dividend. This represents a yield of 1.64%. The ex-dividend date is Thursday, March 13th. This is a boost from Data#3’s previous Interim dividend of $0.13. Data#3’s dividend payout ratio (DPR) is presently 92.86%.

Data#3 Company Profile

Data#3 Limited engages in the provision of information technology (IT) solutions and services in Australia, Fiji, and the Pacific Islands. The company offers cloud solutions, such as public and private cloud, Azure, and modern data center solutions; modern workplace solutions, including collaboration, end user devices, and systems management; and security solutions comprising data security and privacy, cloud security, identity and access management, infrastructure end point security, and security monitoring and analytics.