Technology One Limited (ASX:TNE) Announces Final Dividend of $0.17

Technology One Limited (ASX:TNE) declared a final dividend on Wednesday, November 20th,MarketIndexAU Dividends reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.174 per share on Thursday, December 12th. This represents a yield of 0.59%. The ex-dividend date is Wednesday, November 27th. This is a boost from Technology One’s previous final dividend of $0.15.

Technology One Stock 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.

Insider Buying and Selling

In other Technology One news, insider Edward Chung purchased 192,416 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was purchased 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). 13.57% of the stock is owned by insiders.

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.