Corporate Travel Management Limited (ASX:CTD – Get Free Report) insider Jamie Pherous sold 400,000 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of A$17.32 ($10.83), for a total transaction of A$6,928,000.00 ($4,330,000.00).
Corporate Travel Management Stock Performance
The firm has a market cap of $2.23 billion, a PE ratio of 26.23, a PEG ratio of 0.25 and a beta of 1.63. The company has a quick ratio of 1.11, a current ratio of 1.34 and a debt-to-equity ratio of 3.30.
Corporate Travel Management Cuts Dividend
The firm also recently disclosed 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. The ex-dividend date is Thursday, February 27th. This represents a dividend yield of 0.58%. Corporate Travel Management’s dividend payout ratio is currently 50.00%.
About Corporate Travel Management
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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