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

GTN Limited (ASX:GTN) insider Craig Coleman acquired 511,518 shares of the firm’s stock in a transaction dated Friday, November 1st. The shares were purchased 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 purchased 362,210 shares of GTN stock. The stock was acquired 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 stock was acquired at an average cost of A$0.47 ($0.31) per share, with a total value 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 disclosed a Final dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, September 26th were paid a $0.017 dividend. This represents a dividend yield of 3.54%. This is a positive change from GTN’s previous Final dividend of $0.01. The ex-dividend date of this dividend was Wednesday, September 4th. 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.