GTN Limited (ASX:GTN) Insider Craig Coleman Acquires 308,361 Shares

GTN Limited (ASX:GTN) insider Craig Coleman bought 308,361 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were bought at an average cost of A$0.47 ($0.30) per share, with a total value of A$143,387.87 ($93,109.00).

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

• On Thursday, November 7th, Craig Coleman purchased 42,170,578 shares of GTN stock. The shares were acquired at an average price 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 acquired at an average price 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 acquired at an average price 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 acquired at an average price of A$0.47 ($0.30) per share, with a total value of A$9,999,999.38 ($6,493,506.09).

GTN Stock Performance

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

GTN Increases Dividend

The company also recently announced a Final dividend, which was paid on Thursday, September 26th. Investors 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 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.