Tegna's latest quarterly cash dividend of $0.095 per share was issued to shareholders on record before Sep 8, 2022. The dividend distribution stands at $0.38 per share annually, which comes to a dividend yield of 1.8%.
TGNA has a dividend yield of 1.8% which is lower than the Communication Services sector and the industry average. In comparison with the Communication Services sector average of 3%, Tegna's dividend yield is 40% lower. The historical 5-year average of TGNA's dividend yield is 2.0%, which is higher than the current one.
Tegna has been paying dividends for the last 28 years. Our records show that TGNA has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 15% for the last twelve months. And with the price of the stock up by 4.8% from a year ago, the dividend yield has an increase of 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 8, 2022 | Oct 3, 2022 | Jul 28, 2022 | $0.095 | normal |
| Jun 2, 2022 | Jul 1, 2022 | Apr 28, 2022 | $0.095 | normal |
| Mar 3, 2022 | Apr 1, 2022 | Feb 22, 2022 | $0.095 | normal |
| Dec 9, 2021 | Jan 3, 2022 | Oct 27, 2021 | $0.095 | normal |
| Sep 2, 2021 | Oct 1, 2021 | Jul 21, 2021 | $0.095 | normal |
| Jun 3, 2021 | Jul 1, 2021 | Mar 29, 2021 | $0.095 | normal |
| Mar 4, 2021 | Apr 1, 2021 | Feb 17, 2021 | $0.07 | normal |
| Dec 10, 2020 | Jan 4, 2021 | Oct 28, 2020 | $0.07 | normal |
| Sep 3, 2020 | Oct 1, 2020 | Jul 22, 2020 | $0.07 | normal |
| Jun 4, 2020 | Jul 1, 2020 | Apr 29, 2020 | $0.07 | normal |
| Mar 5, 2020 | Apr 1, 2020 | Feb 19, 2020 | $0.07 | normal |
| Dec 5, 2019 | Jan 2, 2020 | Oct 22, 2019 | $0.07 | normal |
| Sep 5, 2019 | Oct 1, 2019 | Jul 23, 2019 | $0.07 | normal |
| Jun 6, 2019 | Jul 1, 2019 | Apr 24, 2019 | $0.07 | normal |
| Mar 7, 2019 | Apr 1, 2019 | Feb 21, 2019 | $0.07 | normal |
| Dec 6, 2018 | Jan 2, 2019 | Oct 25, 2018 | $0.07 | normal |
| Sep 6, 2018 | Oct 1, 2018 | Jul 24, 2018 | $0.07 | normal |
| Jun 7, 2018 | Jul 2, 2018 | Apr 25, 2018 | $0.07 | normal |
| Mar 8, 2018 | Apr 2, 2018 | Feb 22, 2018 | $0.07 | normal |
| Dec 7, 2017 | Jan 2, 2018 | Nov 2, 2017 | $0.07 | normal |
| Sep 7, 2017 | Oct 2, 2017 | Jul 25, 2017 | $0.07 | normal |
| Jun 7, 2017 | Jul 3, 2017 | May 30, 2017 | $0.07 | normal |
| Mar 8, 2017 | Apr 3, 2017 | Feb 28, 2017 | $0.14 | normal |
| Dec 7, 2016 | Jan 3, 2017 | Oct 27, 2016 | $0.14 | normal |
| Sep 7, 2016 | Oct 3, 2016 | Jul 28, 2016 | $0.14 | normal |
| Jun 1, 2016 | Jul 1, 2016 | May 5, 2016 | $0.14 | normal |
| Mar 2, 2016 | Apr 1, 2016 | Feb 23, 2016 | $0.14 | normal |
TGNA has a payout ratio of 16.2% which is lower than the Communication Services sector and the industry average. If we compare it with the Communication Services sector average of 38.7%, Tegna's payout ratio is 58% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SCHL Scholastic Corp | 2.14% | $0.65 | 38.2% |
| TGNA Tegna Inc | 1.8% | $0.38 | 16.2% |
| SSP EW SCRIPPS Co | N/A | N/A | N/A |
Yes, Tegna has been paying dividends for the last 28 years.
TGNA hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in December 2022.
Tegna's last regular dividend was on Sep 8, 2022 (ex-date) with the amount of $0.095 per share.
TGNA's annualized dividend per share is $0.38.
Currently Tegna's dividend yield is 1.8%.
Tegna has a quarterly dividend frequency.
Tegna's dividend payout ratio is 16.2%.
Tegna's dividend yield is lower than the Communication Services sector average.