GTN Gray Television dividend history, payout ratio & dates
Gray Television's most recent dividend was on Sep 13, 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 7.34% based on its recent close price.
Key dates
- GTN last dividend date: Sep 13, 2024
GTN dividend stats
vs. Communication Services sector
Dividend yield
Gray Television's dividend yield of 7.34% is above the Communication Services sector, the industry and its peers average. Compared to its Communication Services sector average of 3.07%, Gray Television's dividend yield is 139% higher.
Dividend history
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 46% from a year ago, the dividend yield has increased by 84%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 13, 2024 | $0.08 | 6.43% |
| Jun 14, 2024 | $0.08 | 6.5% |
| Mar 14, 2024 | $0.08 | 5.47% |
| Dec 14, 2023 | $0.08 | 3.6% |
| Sep 14, 2023 | $0.08 | 4.02% |
| Jun 14, 2023 | $0.08 | 4.32% |
| Mar 14, 2023 | $0.08 | 3.42% |
| Dec 14, 2022 | $0.08 | 2.71% |
| Sep 14, 2022 | $0.08 | 1.72% |
| Jun 14, 2022 | $0.08 | 1.73% |
| Mar 14, 2022 | $0.08 | 1.41% |
| Dec 14, 2021 | $0.08 | 1.61% |
| Sep 14, 2021 | $0.08 | 1.14% |
| Jun 14, 2021 | $0.08 | 0.71% |
| Mar 12, 2021 | $0.08 | 0.39% |
Gray Television dividend payout ratio
Payout ratio
Gray Television's payout ratio of 21.1% is below the Communication Services sector and the industry average. Compared to its Communication Services sector average of 50.8%, Gray Television's payout ratio is 58% lower.
Total amount of dividends paid per financial year (from cash flow)
GTN dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EVC Entravision Communications Corp | 8% | $0.2 | N/A |
| GTN Gray Television Inc | 7.32% | $0.32 | 21.1% |
| SBGI Sinclair Broadcast Group Inc | 5.79% | $1 | N/A |
| NXST Nexstar Media Group Inc | 3.98% | $6.76 | 38.7% |
| FOXA Fox Corp | 1.13% | $0.53 | 12.9% |
| DIS Walt Disney Co | 0.65% | $0.75 | 27.6% |
| SSP EW SCRIPPS Co | N/A | N/A | N/A |
Frequently asked questions
Does Gray Television pay a dividend?
Yes, Gray Television has paid four dividends in the last 12 months. GTN has been paying dividends since 2021.
When was GTN's last dividend?
Gray Television's last regular dividend was on Sep 13, 2024 (ex-date) with the amount of $0.08 per share.
How much dividend does Gray Television pay (per share)?
GTN has paid dividend of $0.32 per share in the last year.
What is Gray Television's dividend yield?
Gray Television's current dividend yield is 7.34%.
How often does Gray Television pay dividends?
Gray Television has a quarterly dividend frequency.
What is Gray Television's dividend payout ratio?
Gray Television's dividend payout ratio is 21.1%.
Does Gray Television pay a good dividend?
Gray Television's dividend yield is above the Communication Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.