Technology One Limited (ASX:TNE) Insider Edward Chung Purchases 192,416 Shares of Stock

Technology One Limited (ASX:TNE) insider Edward Chung purchased 192,416 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were purchased at an average cost of A$12.31 ($7.99) per share, with a total value of A$2,368,640.96 ($1,538,078.55).

Technology One Stock Performance

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

Technology One Increases Dividend

The business also recently disclosed a Final dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, December 12th will be issued a dividend of $0.174 per share. 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 dividend payout ratio is 50.00%.

About Technology One

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.