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Gray Television (Gray Television) Dividend Yield %

: 5.44% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Gray Television is 5.44%.

Good Sign:

Gray Television Inc stock dividend yield is close to 5-year high.

The historical rank and industry rank for Gray Television's Dividend Yield % or its related term are showing as below:

GTN' s Dividend Yield % Range Over the Past 10 Years
Min: 0.37   Med: 2.39   Max: 5.53
Current: 5.44

During the past 13 years, the highest Dividend Yield of Gray Television was 5.53%. The lowest was 0.37%. And the median was 2.39%.

GTN's Dividend Yield % is ranked better than
75.92% of 382 companies
in the Media - Diversified industry
Industry Median: 2.92 vs GTN: 5.44

Gray Television's Dividend Payout Ratio for the three months ended in Dec. 2023 was 16.00.

During the past 13 years, the highest Dividend Payout Ratio of Gray Television was 0.44. The lowest was 0.07. And the median was 0.26.

As of today (2024-04-19), the Forward Dividend Yield % of Gray Television is 5.44%.

Gray Television's Dividends per Share for the three months ended in Dec. 2023 was $0.08.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gray Television was 25.20% per year. The lowest was -9.10% per year. And the median was 14.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Gray Television Dividend Yield % Historical Data

The historical data trend for Gray Television's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gray Television Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1.59 2.83 3.57

Gray Television Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.83 3.67 4.06 4.62 3.57

Competitive Comparison

For the Broadcasting subindustry, Gray Television's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gray Television Dividend Yield % Distribution

For the Media - Diversified industry and Communication Services sector, Gray Television's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Gray Television's Dividend Yield % falls into.



Gray Television Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Gray Television Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0802024-03-142024-03-152024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.0802023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0802023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0802023-06-142023-06-152023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Gray Television's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.32/5.885
=5.44 %

Current Share Price is $5.885.
Gray Television's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.32.

Gray Television's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.32/5.885
=5.44 %

Current Share Price is $5.885.
Gray Television's Dividends per Share for the forward twelve months is calculated as $0.08 * 4 = $0.32.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gray Television  (NYSE:GTN) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Gray Television Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Gray Television's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Gray Television (Gray Television) Business Description

Traded in Other Exchanges
Address
4370 Peachtree Road NE, Atlanta, GA, USA, 30319
Gray Television Inc is a television broadcast company. The company is engaged in owning and operating television stations. It also owns video program production, marketing, and digital business. The company has two segments namely, Broadcasting and Production companies. It generates revenue maximum revenue from the Broadcasting segment.
Executives
Richard Lee Boger director
T L Elder director 5087 PINE BARK CIRCLE, DUNWOODY GA 30338
Robin Robinson Howell director 3656 TUXEDO ROAD NW, ATLANTA GA 30305
Howell Hilton H Jr director, officer: Chairman, President & CEO 4370 PEACHTREE ROAD, N.E., ATLANTA GA 30319
Sandra Breland Mcnamara officer: Executive Vice President, COO 4370 PEACHTREE ROAD, NE, ATLANTA GA 30319
Harriett J Robinson director
Paul Mctear director 1451 WEST CYPRESS CREEK ROAD, SUITE 300, FORT LAUDERDALE FL 33309
D Patrick Laplatney director 1451 WEST CYPRUS CREEK ROAD, SUITE 300, FORT LAUDERDALE FL 33309
Cowart Jackson S Iv officer: Chief Accounting Officer 126 N WASHINGTON STREET, ALBANY GA 31701
James C Ryan officer: EVP & Chief Financial Officer
Lorri Mcclain director 4370 PEACHTREE ROAD, NE, ATLANTA GA 30319
Robert Lawrence Smith officer: SVP & COO 4370 PEACHTREE ROAD NE, SUITE 400, ATLANTA GA 30319
Kevin Paul Latek officer: EVP Chief L & D Officer 4370 PEACHTREE ROAD, NE, ATLANTA GA 30319
Spainhour Sterling A Jr. director 4370 PEACHTREE ROAD, NE, ATLANTA GA 30319
Bankers Fidelity Life Insurance Co 10 percent owner 4370 PEACHTREE ROAD NE, ATLANTA GA 30319