GTN Limited (ASX:GTN) Insider Craig Coleman Acquires 511,518 Shares of Stock

GTN Limited (ASX:GTN) insider Craig Coleman bought 511,518 shares of the stock in a transaction dated Friday, November 1st. The stock was bought at an average cost of A$0.47 ($0.31) per share, for a total transaction of A$237,855.87 ($157,520.44).

Craig Coleman also recently made the following trade(s):

• On Monday, October 28th, Craig Coleman bought 362,210 shares of GTN stock. The stock was purchased at an average price of A$0.47 ($0.31) per share, for a total transaction of A$168,427.65 ($111,541.49).
• On Monday, September 9th, Craig Coleman acquired 21,505,375 shares of GTN stock. The shares were purchased at an average cost of A$0.47 ($0.31) per share, for a total transaction of A$9,999,999.38 ($6,622,516.14).

GTN Stock Performance

The company has a current ratio of 1.66, a quick ratio of 1.98 and a debt-to-equity ratio of 5.34.

GTN Increases Dividend

The business also recently declared a Final dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, September 26th were given a $0.017 dividend. The ex-dividend date was Wednesday, September 4th. This is an increase from GTN’s previous Final dividend of $0.01. This represents a yield of 3.54%. GTN’s dividend payout ratio (DPR) is currently 100.00%.

GTN Company Profile

GTN Limited, together with its subsidiaries, operates broadcast media advertising platform that supply traffic information reports to radio stations in Australia, Canada, the United Kingdom, and Brazil. It offers information reports, such as traffic and news through advertising spots on television and radio networks directly to advertisers, as well as through advertising agencies.