GTN Limited (ASX:GTN) Insider Craig Coleman Acquires 20,992,394 Shares

GTN Limited (ASX:GTN) insider Craig Coleman bought 20,992,394 shares of GTN stock in a transaction that occurred on Wednesday, November 20th. The shares were acquired at an average price of A$0.47 ($0.30) per share, with a total value of A$9,761,463.21 ($6,338,612.47).

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

• On Friday, November 15th, Craig Coleman purchased 308,361 shares of GTN stock. The stock was purchased at an average price of A$0.47 ($0.30) per share, with a total value of A$143,387.87 ($93,109.00).
• On Thursday, November 7th, Craig Coleman purchased 42,170,578 shares of GTN stock. The stock was purchased 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 stock was purchased 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 stock was purchased 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 stock was purchased 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 Price 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 company also recently declared a Final dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 26th were paid a $0.017 dividend. The ex-dividend date of this dividend was Wednesday, September 4th. This represents a yield of 3.54%. This is a boost from GTN’s previous Final dividend of $0.01. GTN’s dividend payout ratio (DPR) is currently 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.