Dicker Data 2019 outlook

Dicker Data (ASX: DDR) is the largest locally owned ICT distributor in Australia, the business has successfully achieved revenue and profit growth consistently for the last 15 years. The founder-led information technology hardware distributor has a current stock price of $2.82 and an impressive dividend yield of just over 6% fully franked.

With a solid business model and strong growth the Dicker Data board is forecasting another year of profit growth. The board intends to pay a fully franked dividend of 18c per share in quarterly installments, which provides a frequent income stream for investors.  

This business could be a strong performer for 2019 with its growing business and its quarterly generous 6.4% dividend yield.

See other top ASX stocks for 2019 here.

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