GTN Limited (ASX:GTN) Insider Craig Coleman Buys 42,170,578 Shares

GTN Limited (ASX:GTN) insider Craig Coleman acquired 42,170,578 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The shares were acquired at an average cost of A$0.47 ($0.31) per share, with a total value of A$19,609,318.77 ($12,900,867.61).

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

• On Friday, November 1st, Craig Coleman purchased 511,518 shares of GTN stock. 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 ($156,484.13).
• 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 ($0.31) per share, with a total value of A$168,427.65 ($110,807.66).
• On Monday, September 9th, Craig Coleman acquired 21,505,375 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$9,999,999.38 ($6,578,946.96).

GTN Price Performance

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

GTN Increases Dividend

The business 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%. The ex-dividend date was Wednesday, September 4th. This is a boost from GTN’s previous Final dividend of $0.01. GTN’s dividend payout ratio (DPR) 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.