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

Technology One Limited (ASX:TNE) insider Edward Chung purchased 192,416 shares of Technology One stock in a transaction dated Wednesday, November 20th. The shares were bought at an average cost 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 current ratio of 1.22, a quick ratio of 0.94 and a debt-to-equity ratio of 8.39.

Technology One Increases Dividend

The company also recently declared a Final dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, December 12th will be given a dividend of $0.174 per share. This is a positive change from Technology One’s previous Final dividend of $0.15. This represents a dividend yield of 0.59%. The ex-dividend date of this dividend is Wednesday, November 27th. Technology One’s dividend payout ratio is currently 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.