Corporate Travel Management Limited (ASX:CTD – Get Free Report) insider Jamie Pherous sold 400,000 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of A$17.32 ($10.96), for a total transaction of A$6,928,000.00 ($4,384,810.13).
Corporate Travel Management Stock Performance
The firm has a market cap of $2.23 billion, a P/E ratio of 26.23, a P/E/G ratio of 0.25 and a beta of 1.63. The company has a current ratio of 1.34, a quick ratio of 1.11 and a debt-to-equity ratio of 3.30.
Corporate Travel Management Cuts Dividend
The firm also recently announced a Interim dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, April 3rd will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, February 27th. This represents a yield of 0.58%. Corporate Travel Management’s dividend payout ratio is currently 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.
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