GTN.A (Gray Television) Dividend Payout Ratio : 0.09 (As of Sep. 2024)

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What is Gray Television Dividend Payout Ratio?

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 Television's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.09.

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

GTN.A' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.26 Max: 0.44
Current: 0.17

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.

GTN.A's Dividend Payout Ratio is ranked better than
89.97% of 329 companies
in the Media - Diversified industry
Industry Median: 0.44 vs GTN.A: 0.17

As of today (2024-12-14), the Dividend Yield % of Gray Television is 4.66%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Gray Television was 5.37%. The lowest was 0.37%. And the median was 2.98%.

Gray Television's Dividends per Share for the months ended in Sep. 2024 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.

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

Gray Television Dividend Payout Ratio Historical Data

The historical data trend for Gray Television'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.

* Premium members only.

Gray Television Dividend Payout Ratio Chart

Gray Television Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.44

0.07

Gray Television Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	16.00	0.10	0.58	0.09

Competitive Comparison of Gray Television's Dividend Payout Ratio

For the Broadcasting subindustry, Gray Television'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 Television's Dividend Payout Ratio Distribution in the Media - Diversified Industry

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

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

Gray Television Dividend Payout Ratio Calculation

Gray Television's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.32	/	-0.42
	=	N/A

Gray Television's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.08	/	0.937
	=	0.09

Gray Television (NYSE:GTN.A) 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 Television Dividend Payout Ratio Related Terms

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

Gray Television Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gray Television Inc (NYSE:GTN.A) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

GTN:USA GCZA:Germany GCZB:Germany GCZB:Germany

Address

4370 Peachtree Road NE, Atlanta, GA, USA, 30319

Website

https://www.gray.tv

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. It has two segments namely, Broadcasting and Production companies. Majority of the revenue is generated from the broadcasting segment which operates television stations in local markets in the United States.