GTN Limited (ASX:GTN) Increases Dividend to $0.03 Per Share

GTN Limited (ASX:GTNGet Free Report) declared a interim dividend on Tuesday, February 25th, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, March 26th will be given a dividend of 0.025 per share on Wednesday, March 26th. This represents a dividend yield of 4.75%. The ex-dividend date is Wednesday, March 5th. This is a positive change from GTN’s previous interim dividend of $0.01.

GTN Price Performance

The company has a quick ratio of 1.98, a current ratio of 1.66 and a debt-to-equity ratio of 5.34. The company has a market cap of $105.06 million, a price-to-earnings ratio of 19.36, a P/E/G ratio of 0.20 and a beta of 1.30.

Insider Activity

In related news, insider Craig Coleman sold 49,868,854 shares of the company’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of A$0.47 ($0.29), for a total value of A$23,189,017.11 ($14,676,593.11). Company insiders own 3.65% of the company’s stock.

GTN Company Profile

(Get Free Report)

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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Dividend History for GTN (ASX:GTN)

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