Jamie Pherous Sells 400,000 Shares of Corporate Travel Management Limited (ASX:CTD) Stock

Corporate Travel Management Limited (ASX:CTDGet Free Report) insider Jamie Pherous sold 400,000 shares of Corporate Travel Management stock in a transaction on Thursday, February 20th. The stock was sold at an average price of A$17.32 ($10.96), for a total transaction of A$6,928,000.00 ($4,384,810.13).

Corporate Travel Management Price Performance

The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.11 and a current ratio of 1.34. The firm has a market cap of $2.23 billion, a PE ratio of 26.23, a price-to-earnings-growth ratio of 0.25 and a beta of 1.63.

Corporate Travel Management Cuts Dividend

The company also recently declared a Interim dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, April 3rd will be given a dividend of $0.10 per share. This represents a dividend yield of 0.58%. The ex-dividend date is Thursday, February 27th. Corporate Travel Management’s payout ratio is 50.00%.

About Corporate Travel Management

(Get Free Report)

Corporate Travel Management Limited, a travel management solutions company, manages the procurement and delivery of travel services. It operates through four segments: Australia and New Zealand, North America, Asia, and Europe. The company provides corporate and event travel management, leisure travel, loyalty travel, and wholesale travel services, as well as accommodation agency services.

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