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

Gray Television logo with Consumer Discretionary background

Gray Television, Inc. (NYSE:GTN.A - Get Free Report) announced a quarterly dividend on Thursday, February 27th, Wall Street Journal reports. Investors of record on Friday, March 14th will be given a dividend of 0.08 per share on Monday, March 31st. This represents a $0.32 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date is Friday, March 14th.

Gray Television Stock Down 3.8 %

GTN.A traded down $0.25 during mid-day trading on Monday, reaching $6.30. 2,021 shares of the stock were exchanged, compared to its average volume of 7,940. Gray Television has a 1 year low of $5.00 and a 1 year high of $10.90. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.13 and a current ratio of 1.13. The stock has a market capitalization of $627.90 million, a PE ratio of 4.20 and a beta of 1.21. The company has a 50 day moving average price of $7.13 and a two-hundred day moving average price of $7.32.

Gray Television (NYSE:GTN.A - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported $1.59 EPS for the quarter. The firm had revenue of $1.05 billion for the quarter. Gray Television had a net margin of 5.69% and a return on equity of 9.60%.

About Gray Television

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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.

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

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