SKY Network Television Limited (ASX:SKT) Insider Purchases A$142,000.00 in Stock

SKY Network Television Limited (ASX:SKT) insider Philip Bowman purchased 50,000 shares of the business’s stock in a transaction on Friday, April 26th. The stock was purchased at an average cost of A$2.84 ($1.87) per share, for a total transaction of A$142,000.00 ($93,421.05).

Philip Bowman also recently made the following trade(s):

• On Tuesday, March 5th, Philip Bowman bought 13,736 shares of SKY Network Television stock. The shares were purchased at an average price of A$2.80 ($1.84) per share, with a total value of A$38,460.80 ($25,303.16).

SKY Network Television Price Performance

The company has a debt-to-equity ratio of 7.66, a current ratio of 1.13 and a quick ratio of 0.76.

SKY Network Television Cuts Dividend

The firm also recently declared a Interim dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 21st were paid a $0.066 dividend. This represents a yield of 2.52%. The ex-dividend date was Wednesday, March 6th. SKY Network Television’s payout ratio is 44.12%.

SKY Network Television Company Profile

SKY Network Television Limited, an entertainment company, provides sport and entertainment media services, and telecommunications services in New Zealand and internationally. The company provides commercial music, broadcasting services, entertainment quizzes, advertising, content generation, subscription and marketing, and streaming and management services, as well as data analytics services for sports.