GTN Limited (ASX:GTN) Insider Buys A$237,855.87 in Stock

GTN Limited (ASX:GTN) insider Craig Coleman acquired 511,518 shares of the business’s stock in a transaction on Friday, November 1st. The stock was acquired 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 bought 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 price 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 firm also recently announced a Final dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 26th were given a dividend of $0.017 per share. This is an increase from GTN’s previous Final dividend of $0.01. The ex-dividend date was Wednesday, September 4th. This represents a yield of 3.54%. GTN’s dividend payout ratio (DPR) is 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.