GTN Limited (ASX:GTN) Insider Purchases A$9,761,463.21 in Stock

GTN Limited (ASX:GTN) insider Craig Coleman acquired 20,992,394 shares of the stock in a transaction dated Wednesday, November 20th. The stock was acquired at an average cost of A$0.47 ($0.30) per share, with a total value of A$9,761,463.21 ($6,338,612.47).

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

• On Friday, November 15th, Craig Coleman purchased 308,361 shares of GTN stock. The shares were purchased at an average cost of A$0.47 ($0.30) per share, with a total value of A$143,387.87 ($93,109.00).
• On Thursday, November 7th, Craig Coleman purchased 42,170,578 shares of GTN stock. The shares were purchased at an average cost of A$0.47 ($0.30) per share, with a total value of A$19,609,318.77 ($12,733,323.88).
• On Friday, November 1st, Craig Coleman purchased 511,518 shares of GTN stock. The shares were purchased at an average cost of A$0.47 ($0.30) per share, with a total value of A$237,855.87 ($154,451.86).
• On Monday, October 28th, Craig Coleman purchased 362,210 shares of GTN stock. The shares were purchased at an average cost of A$0.47 ($0.30) per share, with a total value of A$168,427.65 ($109,368.60).
• On Monday, September 9th, Craig Coleman purchased 21,505,375 shares of GTN stock. The shares were purchased at an average cost of A$0.47 ($0.30) per share, with a total value of A$9,999,999.38 ($6,493,506.09).

GTN Price Performance

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

GTN Increases Dividend

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