Insider Buying: SKY Network Television Limited (ASX:SKT) Insider Acquires 50,000 Shares of Stock

SKY Network Television Limited (ASX:SKT) insider Philip Bowman bought 50,000 shares of the stock in a transaction on Friday, April 26th. The shares were bought at an average price of A$2.84 ($1.87) per share, with a total value of A$142,000.00 ($93,421.05).

Philip Bowman also recently made the following trade(s):

• On Tuesday, March 5th, Philip Bowman purchased 13,736 shares of SKY Network Television stock. The stock was bought at an average cost of A$2.80 ($1.84) per share, with a total value of A$38,460.80 ($25,303.16).

SKY Network Television Price Performance

The company has a debt-to-equity ratio of 7.66, a quick ratio of 0.76 and a current ratio of 1.13.

SKY Network Television Cuts Dividend

The company also recently declared a Interim dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 21st were issued a $0.066 dividend. This represents a dividend yield of 2.52%. The ex-dividend date was Wednesday, March 6th. SKY Network Television’s dividend payout ratio is currently 44.12%.

SKY Network Television Company Profile

SKY Network Television Limited, an entertainment company, provides sport and entertainment media services, and telecommunications services in New Zealand and internationally. The company provides commercial music, broadcasting services, entertainment quizzes, advertising, content generation, subscription and marketing, and streaming and management services, as well as data analytics services for sports.