Insider Buying: Technology One Limited (ASX:TNE) Insider Acquires A$2,368,640.96 in Stock

Technology One Limited (ASX:TNE) insider Edward Chung acquired 192,416 shares of the stock in a transaction dated Wednesday, November 20th. The stock was acquired at an average price of A$12.31 ($7.99) per share, for a total transaction of A$2,368,640.96 ($1,538,078.55).

Technology One Price Performance

The company has a debt-to-equity ratio of 8.39, a current ratio of 1.22 and a quick ratio of 0.94.

Technology One Increases Dividend

The business also recently announced a Final dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, December 12th will be given a $0.174 dividend. The ex-dividend date is Wednesday, November 27th. This represents a dividend yield of 0.59%. This is an increase from Technology One’s previous Final dividend of $0.15. Technology One’s payout ratio is currently 50.00%.

Technology One Company Profile

Technology One Limited develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia and internationally. The company operates through Software and Consulting segments. It offers various business software solutions, including business analytics, corporate performance management, DXP local government, enterprise asset management, enterprise budgeting, enterprise cash receipting, enterprise content management, financials, human resources and payroll, performance planning, property and rating, spatial, strategic asset management, student management, timetabling and scheduling, and supply chain management.