Insider Buying: GTN Limited (ASX:GTN) Insider Acquires 362,210 Shares of Stock

GTN Limited (ASX:GTN) insider Craig Coleman acquired 362,210 shares of the firm’s stock in a transaction dated Monday, October 28th. The stock was bought at an average price of A$0.47 ($0.31) per share, with a total value of A$168,427.65 ($110,807.66).

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

• On Monday, September 9th, Craig Coleman acquired 21,505,375 shares of GTN stock. The stock was bought at an average price of A$0.47 ($0.31) per share, with a total value of A$9,999,999.38 ($6,578,946.96).

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 disclosed a Final dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, September 26th were issued a $0.017 dividend. This is a boost from GTN’s previous Final dividend of $0.01. The ex-dividend date was Wednesday, September 4th. This represents a dividend yield of 3.54%. GTN’s dividend payout ratio (DPR) is presently 100.00%.

About GTN

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.