Objective Co. Limited (ASX:OCL) Insider Darc Rasmussen Sells 100,000 Shares of Stock

Objective Co. Limited (ASX:OCL) insider Darc Rasmussen sold 100,000 shares of the company’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of A$17.22 ($11.33), for a total value of A$1,722,000.00 ($1,132,894.74).

Objective Stock Performance

The company has a current ratio of 1.55, a quick ratio of 1.18 and a debt-to-equity ratio of 14.57.

Objective Increases Dividend

The company also recently declared a Final dividend, which was paid on Monday, September 16th. Stockholders of record on Monday, September 16th were paid a $0.09 dividend. This is a boost from Objective’s previous Final dividend of $0.08. The ex-dividend date of this dividend was Sunday, September 8th. This represents a dividend yield of 0.66%. Objective’s dividend payout ratio is 53.13%.

Objective Company Profile

Objective Corporation Limited, together with its subsidiaries, supplies information technology software and services in Australia and internationally. It offers Objective 3Sixty to discover, organize, and manage enterprise information; Objective Nexus, a SaaS based solution providing records compliance, enterprise scale information management, and process automation; Objective Inform, which provides document management, records management, office 365, SharePoint governance, reporting insights, and drawings management solutions; Objective Keyplan, an end-to-end solution for the planning policy process; Objective ECM, an information management and process automation solution; Objective Connect, a secure external file sharing application; Objective Redact, a redaction software for security conscious organizations; and Objective GOV365.