GTN (Gray Media) Dividend Payout Ratio: 0.00 (As of Mar. 2026)


GTN Gray Media Inc GTN
66 GF Score
Price $3.93
GF Value $4.30
Valuation Fairly Valued
! 8 Warning Signs
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What is Gray Media Dividend Payout Ratio?

Gray Media GTN 66 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates GTN with a GF Score™ of 66/100 and a GF Value™ of $4.30 (Fairly Valued). The stock has 8 warning signs investors should review. Among 325 Media - Diversified companies, Gray Media ranks worse than 307692% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Gray Media's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Gray Media's Dividend Payout Ratio or its related term are showing as below:


During the past 13 years, the highest Dividend Payout Ratio of Gray Media was 0.44. The lowest was 0.07. And the median was 0.09.

GTN's Dividend Payout Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 0.5
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-06-30), the Dividend Yield % of Gray Media is 8.14%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Gray Media was 8.17%. The lowest was 0.37%. And the median was 3.21%.

Gray Media's Dividends per Share for the months ended in Mar. 2026 was $0.08.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gray Media was 25.20% per year. The lowest was -9.10% per year. And the median was 11.95% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Gray Media (NYSE:GTN) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


Gray Media Dividend Payout Ratio Related Terms


Gray Media Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Gray Media's Dividend Payout Ratio 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.

Gray Media Dividend Payout Ratio Chart

Gray Media Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.07 0.00 0.09 0.00

Gray Media Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial 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 0.00 0.00 0.00 0.00 0.00

GTN vs CAST, FUBO, SSP: Dividend Payout Ratio Comparison

For the Broadcasting subindustry, Gray Media's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Media Dividend Payout Ratio vs Media - Diversified Industry

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

* The bar in red indicates where Gray Media's Dividend Payout Ratio falls into.


GTN
66GF Score
Gray Media Inc GTN
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gray Media Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Gray Media's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.32/ -1.031
=N/A

Gray Media's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.08/ -0.34
=N/A

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Gray Media (GTN) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Gray Media and its competitors. Over the past decade, Gray Media's Dividend Payout Ratio has ranged from 0.07 to 0.44. According to the industry distribution chart, Gray Media ranks #999999 out of 325 companies in the Media - Diversified industry.
Is Gray Media's Dividend Payout Ratio too high?
Gray Media's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.44. Based on the distribution chart, Gray Media ranks #999999 out of 325 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Gray Media has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gray Media's Dividend Payout Ratio compare to CAST and FUBO?
According to the Media - Diversified industry distribution chart, Gray Media ranks #999999 out of 325 companies for Dividend Payout Ratio. This places Gray Media in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. Historically, Gray Media's own Dividend Payout Ratio has ranged from 0.07 to 0.44 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Media - Diversified company?
The median Dividend Payout Ratio among Media - Diversified companies is 0.50, based on 325 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Gray Media and its competitors. For the Media - Diversified industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gray Media's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gray Media stock overvalued right now?
Based on GuruFocus' analysis, Gray Media (GTN) is currently considered Fairly Valued. The stock's GF Value™ is $4.30, compared to a current price of $3.93 — trading 8.6% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Gray Media's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Gray Media (GTN), the current Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gray Media (GTN) Overvalued in 2026?

Based on GuruFocus' analysis, Gray Media stock appears to be undervalued. The current stock price of $3.93 is trading 8.6% below its estimated GF Value™ of $4.30. GuruFocus considers Gray Media to be Fairly Valued.

Key valuation signals for GTN:

  • Dividend Payout Ratio: 0.00
  • GF Value™: $4.30 vs. price of $3.93 (8.6% below fair value)
  • GF Score™: 66/100 with 8 warning signs

No single metric tells the full story. See the GTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gray Media Business Description

Other Exchanges GTN.A:USAGCZB:Germany
Address 4370 Peachtree Road NE, Suite 400, Atlanta, GA, USA, 30319
Gray Media Inc is a multimedia company. The company owns and operates local television stations and digital assets. It also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with digital products and services. Its additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. The company's segments include Broadcasting and Production Companies. The majority of revenue is derived from broadcast and digital advertising and from retransmission consent fees.
66GF Score

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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.93
Price
$4.30
GF Value