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 Corporate Travel Management stock in a transaction on Thursday, February 20th. The shares were sold at an average price of A$17.32 ($11.03), for a total transaction of A$6,928,000.00 ($4,412,738.85).

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 stock has a market cap of $2.23 billion, a P/E ratio of 26.23, a PEG ratio of 0.25 and a beta of 1.63.

Corporate Travel Management Cuts Dividend

The firm also recently declared a Interim dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, April 3rd will be given 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%.

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.