Laurence Baynham Buys 34,396 Shares of Data#3 Limited (ASX:DTL) Stock

Data#3 Limited (ASX:DTL) insider Laurence Baynham purchased 34,396 shares of the stock in a transaction on Thursday, September 10th. The stock was bought at an average cost of A$5.86 ($4.18) per share, for a total transaction of A$201,388.58 ($143,848.99).

The company has a debt-to-equity ratio of 34.63, a current ratio of 1.05 and a quick ratio of 1.00. The business’s 50 day moving average is A$4.51 and its 200-day moving average is A$4.11.

The business also recently declared a Final dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 30th will be paid a $0.088 dividend. This is an increase from Data#3’s previous Final dividend of $0.07. This represents a yield of 1.6%. The ex-dividend date is Tuesday, September 15th. Data#3’s payout ratio is 91.50%.

About Data#3

Data#3 Limited, together with its subsidiaries, provides information technology (IT) solutions primarily in Australia. It operates through two segments, Product and Services. The Product segment offers hardware and software licenses for customers' desktop, network, and data center infrastructure.

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