Gray Television, Inc., a television broadcasting company, owns and/or operates television stations and digital assets in the United States. It also broadcasts secondary digital channels affiliated to ABC, CBS, NBC, and FOX, as well as various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Justice, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; and local news/weather channels in various markets. In addition, the company offers video program production services. It owns and operates television stations and digital assets that serve 113 television markets in the United States. The company was formerly known as Gray Communications Systems, Inc. and changed its name to Gray Television, Inc. in August 2002. Gray Television, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.
Gray Television Dividend Announcement
• Gray Television announced a quarterly dividend of $0.08 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-13
• Gray Television annual dividend for 2024 was $0.24
• Gray Television annual dividend for 2023 was $0.32
• Gray Television's trailing twelve-month (TTM) dividend yield is 6.92%
• Gray Television's payout ratio for the trailing twelve months (TTM) is 137.70%
Gray Television Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | $0.08 | quarterly | 2024-09-30 |
2024-06-14 | $0.08 | quarterly | 2024-06-28 |
2024-03-14 | $0.08 | quarterly | 2024-03-28 |
2023-12-14 | $0.08 | quarterly | 2023-12-29 |
2023-09-14 | $0.08 | quarterly | 2023-09-29 |
2023-06-14 | $0.08 | quarterly | 2023-06-30 |
2023-03-14 | $0.08 | quarterly | 2023-03-31 |
2022-12-14 | $0.08 | quarterly | 2022-12-30 |
2022-09-14 | $0.08 | quarterly | 2022-09-30 |
2022-06-14 | $0.08 | quarterly | 2022-06-30 |
2022-03-14 | $0.08 | quarterly | 2022-03-31 |
2021-12-14 | $0.08 | quarterly | 2021-12-31 |
2021-09-14 | $0.08 | quarterly | 2021-09-30 |
2021-06-14 | $0.08 | quarterly | 2021-06-30 |
2021-03-12 | $0.08 | quarterly | 2021-03-31 |
2008-09-11 | $0.03 | quarterly | 2008-10-15 |
2008-06-23 | $0.03 | quarterly | 2008-07-25 |
2008-03-20 | $0.03 | quarterly | 2008-04-25 |
2007-12-12 | $0.03 | quarterly | 2008-01-15 |
2007-09-12 | $0.03 | quarterly | 2007-09-28 |
2007-06-13 | $0.03 | quarterly | 2007-06-29 |
2007-03-21 | $0.03 | quarterly | 2007-03-30 |
2006-12-13 | $0.03 | quarterly | 2007-01-02 |
2006-09-13 | $0.03 | quarterly | 2006-10-02 |
2006-06-13 | $0.03 | quarterly | 2006-06-30 |
2006-03-16 | $0.03 | quarterly | 2006-03-31 |
2006-01-03 | $1.23 | quarterly | |
2005-12-12 | $0.03 | quarterly | 2005-12-30 |
2005-09-13 | $0.03 | quarterly | 2005-09-30 |
2005-06-13 | $0.03 | quarterly | 2005-06-30 |
2005-03-11 | $0.03 | quarterly | 2005-03-31 |
2004-12-10 | $0.12 | quarterly | 2004-12-30 |
2004-09-13 | $0.03 | quarterly | 2004-09-30 |
2004-06-14 | $0.03 | quarterly | 2004-06-30 |
2004-03-11 | $0.03 | quarterly | 2004-03-31 |
2003-12-11 | $0.02 | quarterly | 2003-12-31 |
2003-09-11 | $0.02 | quarterly | 2003-09-30 |
2003-06-11 | $0.02 | quarterly | 2003-06-30 |
2003-03-12 | $0.02 | quarterly | 2003-03-31 |
2002-12-11 | $0.02 | quarterly | 2002-12-31 |
2002-09-11 | $0.02 | quarterly | 2002-09-30 |
Gray Television Dividend per year
Gray Television Dividend growth
Gray Television Dividend Yield
Gray Television current trailing twelve-month (TTM) dividend yield is 6.92%. Interested in purchasing Gray Television stock? Use our calculator to estimate your expected dividend yield:
Gray Television Financial Ratios
Gray Television Dividend FAQ
Other factors to consider when evaluating Gray Television as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Gray Television's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Gray Television publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Gray Television distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Gray Television are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Gray Television sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Gray Television distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gray Television declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Gray Television's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Gray Television's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.