Gray Television's most recent 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 7.21% based on its recent close price.
Gray Television's dividend yield of 7.21% is above the Communication Services sector, the industry and its peers average. Compared to its Communication Services sector average of 3.12%, Gray Television's dividend yield is 131% 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 40% from a year ago, the dividend yield has increased by 66%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
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's payout ratio of 400% is above the Communication Services sector and the industry average. Compared to its Communication Services sector average of 48.7%, Gray Television's payout ratio is 721% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
EVC Entravision Communications Corp | 10.2% | $0.2 | N/A |
SBGI Sinclair Broadcast Group Inc | 7.89% | $1 | N/A |
GTN Gray Television Inc | 7.21% | $0.32 | 400% |
NXST Nexstar Media Group Inc | 3.99% | $6.42 | 49.9% |
FOXA Fox Corp | 1.35% | $0.53 | 16.9% |
DIS Walt Disney Co | 0.85% | $0.75 | 28.6% |
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.
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 7.21%.
Gray Television has a quarterly dividend frequency.
Gray Television's dividend payout ratio is 400%.
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.