Gray Television, Inc. (NYSE:GTN.A) Declares Quarterly Dividend of $0.08

Gray Television, Inc. (NYSE:GTN.AGet Rating) announced a quarterly dividend on Friday, August 5th, Zacks reports. Stockholders of record on Thursday, September 15th will be given a dividend of 0.08 per share on Friday, September 30th. This represents a $0.32 annualized dividend and a dividend yield of 1.79%. The ex-dividend date of this dividend is Wednesday, September 14th.

Gray Television Price Performance

NYSE:GTN.A remained flat at $17.91 during trading hours on Friday. 52 shares of the company’s stock were exchanged, compared to its average volume of 577. The company has a current ratio of 2.80, a quick ratio of 2.80 and a debt-to-equity ratio of 3.74. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 27.98 and a beta of 1.24. The stock has a fifty day moving average price of $16.46 and a 200-day moving average price of $18.61. Gray Television has a 1-year low of $8.55 and a 1-year high of $21.85.

Gray Television (NYSE:GTN.AGet Rating) last posted its quarterly earnings results on Friday, May 6th. The company reported $0.52 EPS for the quarter. The business had revenue of $827.00 million during the quarter. Gray Television had a net margin of 4.19% and a return on equity of 6.38%.

Gray Television Company Profile

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Gray Television, Inc, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network.

Further Reading

Dividend History for Gray Television (NYSE:GTN.A)

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