Corporate Travel Management Ltd (ASX: CTD) Share Price and News
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Corporate Travel Management Ltd (CTD) is an ASX travel share that specialises in the provision of travel solutions across corporate, events, leisure, loyalty and wholesale travel.
Businesses engage with Corporate Travel Management in order to maximise savings, efficiency and compliance. The company is underpinned by leading and innovative technology, which it has leveraged to carve out a major position in the global corporate travel market.
Corporate Travel Management started out in Brisbane in 1994 and publicly listed on the ASX in 2010 at a share price of $1. Since then, Corporate Travel shares have experienced tremendous growth on the back of progressive launches into the US, Asia, and UK markets. The company now generates a majority of its revenues from outside of Australia and continues to leverage technology to drive growth.
Corporate Travel Management Ltd (ASX: CTD) Latest News
Brendon Lau | June 12, 2020 3:58pm
The S&P/ASX 200 Index (Index:^AXJO) is clawing back from the abyss, but any bounce could be an opportunity to sell shares that have just... More »
Lina Lim | June 10, 2020 9:57am
Why I think investors should be buying ASX shares in the fintech, telecommunications and travel sectors, as coronavirus restrictions start to ease. More »
Lina Lim | June 9, 2020 12:58pm
Why the Flight Centre Travel Group Ltd (ASX: FLT) share price is poised to continue its recovery as coronavirus restrictions continue to ease. More »
Scott Phillips (TMFGilla) | June 5, 2020 12:37pm
Treasurer Josh Frydenberg admitted the inevitable on Wednesday. Australia is in a recession. So what does this mean for ASX investors? More »
Brendon Lau | June 4, 2020 4:59pm
There’s one S&P/ASX 200 Index (Index:^AXJO) stock that’s likely to beat consensus forecast when it hands in its profit report card in August. More »
James Mickleboro | June 4, 2020 11:33am
Vocus Group Ltd (ASX:VOC) and Westpac Banking Corp (ASX:WBC) shares are two of four pushing notably higher on the ASX on Thursday... More »
Phil Harpur | June 1, 2020 10:48am
ASX travel shares in Flight Centre Travel Group Ltd (ASX: FLT) and Webjet Limited (ASX: WEB) are up 30% with coronavirus restrictions easing. More »
Phil Harpur | May 26, 2020 5:16pm
Here we examine why ASX travel shares such as Webjet Limited (ASX: WEB), Flight Centre Travel Group Ltd (ASX: FLT) and Qantas Airways Limited... More »
James Mickleboro | May 22, 2020 12:28pm
Afterpay Ltd (ASX:APT) and Sydney Airport Holdings Pty Ltd (ASX:SYD) shares are two of four pushing higher on Friday... More »
James Mickleboro | May 22, 2020 12:01pm
Sydney Airport Holdings Pty Ltd (ASX:SYD) and Wesfarmers Ltd (ASX:WES) shares are on the move on the ASX 200 on Friday... More »
Will Corporate Travel Management pay a dividend in 2020?
Corporate Travel Management has paid twice yearly dividends every year since late 2011, the year following its initial listing on the ASX. The company typically pays its interim dividend in April and final dividend in October. Up until the company’s interim dividend payment in 2018, all its dividends had been fully franked. Since then, Corporate Travel Management has paid a mixture of partially and fully franked dividends. Due to the company’s operations having been significantly impacted by COVID-19 restrictions, on 20 March 2020, Corporate Travel Management advised its interim dividend payment of 18 cents per share would be deferred until 2 October. The company also advised it will review this decision nearer to that date.
Does Corporate Travel Management offer a DRP?
No. As at June 2020, Corporate Travel Management does not offer its shareholders participation in a dividend reinvestment plan. All dividends are paid via direct credit or cheque.