GTN Limited (ASX:GTN – Get Free Report) insider Alexi Baker bought 31,536 shares of the firm’s stock in a transaction on Thursday, August 29th. The shares were acquired at an average price of A$0.48 ($0.32) per share, for a total transaction of A$14,979.60 ($10,190.20).
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 business also recently announced a Final dividend, which will be paid on Thursday, September 26th. Stockholders of record on Thursday, September 26th will be given a dividend of $0.017 per share. This represents a dividend yield of 3.54%. This is an increase from GTN’s previous Final dividend of $0.01. The ex-dividend date of this dividend is Wednesday, September 4th. GTN’s dividend payout ratio is presently 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.
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