Gray Television's most recent quarterly dividend was on Jun 14, 2024 (ex-date) with a cash dividend payment of $0.08 per share. On an annualized basis, the company has a current payout of $0.32 per share. This brings the dividend yield to 5.1% based on its recent close price.
Gray Television's dividend yield of 5.1% is above the Communication Services sector and the industry average but below its peers average. Compared to its Communication Services sector average of 3.4%, Gray Television's dividend yield is 50% higher.
Gray Television has a long dividend history, including the last three consecutive years with dividend payouts. GTN has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone down by 29% from a year ago, the dividend yield has increased by 40%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 14, 2024 | Jun 28, 2024 | May 8, 2024 | $0.08 | normal |
| Mar 14, 2024 | Mar 28, 2024 | Feb 26, 2024 | $0.08 | normal |
| Dec 14, 2023 | Dec 29, 2023 | Nov 8, 2023 | $0.08 | normal |
| Sep 14, 2023 | Sep 29, 2023 | Aug 4, 2023 | $0.08 | normal |
| Jun 14, 2023 | Jun 30, 2023 | May 5, 2023 | $0.08 | normal |
| Mar 14, 2023 | Mar 31, 2023 | Feb 24, 2023 | $0.08 | normal |
| Dec 14, 2022 | Dec 30, 2022 | Nov 4, 2022 | $0.08 | normal |
| Sep 14, 2022 | Sep 30, 2022 | Aug 5, 2022 | $0.08 | normal |
| Jun 14, 2022 | Jun 30, 2022 | May 6, 2022 | $0.08 | normal |
| Mar 14, 2022 | Mar 31, 2022 | Feb 24, 2022 | $0.08 | normal |
| Dec 14, 2021 | Dec 31, 2021 | Nov 4, 2021 | $0.08 | normal |
| Sep 14, 2021 | Sep 30, 2021 | Aug 5, 2021 | $0.08 | normal |
| Jun 14, 2021 | Jun 30, 2021 | Jun 1, 2021 | $0.08 | normal |
| Mar 12, 2021 | Mar 31, 2021 | Feb 25, 2021 | $0.08 | normal |
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EVC Entravision Communications Corp | 9.01% | $0.2 | N/A |
| SBGI Sinclair Broadcast Group Inc | 6.5% | $1 | N/A |
| GTN Gray Television Inc | 4.94% | $0.32 | N/A |
| NXST Nexstar Media Group Inc | 3.32% | $6.08 | 50.9% |
| FOXA Fox Corp | 1.39% | $0.52 | 16.3% |
| SSP EW SCRIPPS Co | N/A | N/A | N/A |
Yes, Gray Television has paid four dividends in the last 12 months. GTN has been paying dividends since 2021.
GTN hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in September 2024.
Gray Television's last regular dividend was on Jun 14, 2024 (ex-date) with the amount of $0.08 per share.
GTN has paid dividend of $0.32 per share in the last year.
Gray Television's current dividend yield is 5.1%.
Gray Television has a quarterly dividend frequency.
Gray Television's dividend yield is above the Communication Services sector average.