Jamie Pherous Sells 400,000 Shares of Corporate Travel Management Limited (ASX:CTD) Stock

Corporate Travel Management Limited (ASX:CTD) insider Jamie Pherous sold 400,000 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of A$17.32 ($10.83), for a total value of A$6,928,000.00 ($4,330,000.00).

Corporate Travel Management Stock Performance

The company has a quick ratio of 1.11, a current ratio of 1.34 and a debt-to-equity ratio of 3.30. The company has a market cap of $2.23 billion, a PE ratio of 26.23, a price-to-earnings-growth ratio of 0.25 and a beta of 1.63.

Corporate Travel Management Cuts Dividend

The business also recently declared a Interim dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, April 3rd will be given a $0.10 dividend. This represents a dividend yield of 0.58%. The ex-dividend date is Thursday, February 27th. Corporate Travel Management’s dividend payout ratio is presently 50.00%.

Corporate Travel Management Company Profile

Corporate Travel Management Limited, a travel management solutions company, manages the procurement and delivery of travel services. It operates through four segments: Australia and New Zealand, North America, Asia, and Europe. The company provides corporate and event travel management, leisure travel, loyalty travel, and wholesale travel services, as well as accommodation agency services.