Tegna (TGNA) Dividend Payout Ratio : 0.13 (As of Sep. 2024)

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What is Tegna 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. Tegna's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.13.

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

TGNA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.22 Max: 0.47
Current: 0.21

During the past 13 years, the highest Dividend Payout Ratio of Tegna was 0.47. The lowest was 0.12. And the median was 0.22.

TGNA's Dividend Payout Ratio is ranked better than
85.37% of 335 companies
in the Media - Diversified industry
Industry Median: 0.44 vs TGNA: 0.21

As of today (2024-12-13), the Dividend Yield % of Tegna is 2.63%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tegna was 5.48%. The lowest was 1.31%. And the median was 2.52%.

Tegna's Dividends per Share for the months ended in Sep. 2024 was $0.13.

During the past 12 months, Tegna's average Dividends Per Share Growth Rate was 19.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -8.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tegna was 71.00% per year. The lowest was -51.70% per year. And the median was 4.80% 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.

Tegna Dividend Payout Ratio Historical Data

The historical data trend for Tegna'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.

Tegna Dividend Payout Ratio Chart

Tegna Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.20

0.12

0.17

0.13

0.24

Tegna 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															0.29	0.27	0.25	0.25	0.13

Competitive Comparison of Tegna's Dividend Payout Ratio

For the Broadcasting subindustry, Tegna'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.

Tegna's Dividend Payout Ratio Distribution in the Media - Diversified Industry

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

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

Tegna Dividend Payout Ratio Calculation

Tegna'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 )
	=	0.418	/	1.74
	=	0.24

Tegna'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 )
	=	0.125	/	0.94
	=	0.13

Tegna (NYSE:TGNA) 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.

Tegna Dividend Payout Ratio Related Terms

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

Tegna Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Tegna Inc (NYSE:TGNA) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

GTT:Germany GTT:Germany

Address

8350 Broad Street, Suite 2000, Tysons, VA, USA, 22102-5151

Website

https://www.tegna.com

Tegna Inc is a media company with a portfolio of broadcast stations and digital sites. The firm has television stations and radio stations in approximately U.S. markets. The company owns multicast networks of True Crime Network, Twist, and Quest. Each television station also has a robust digital presence across online, mobile, connected television, and social platforms, reaching consumers on all devices and platforms used to consume news content. It generates key revenue from advertising and marketing services, subscriptions, political advertising, and other services.

Executives

Lynn B. Trelstad	officer: EVP and COO - Media Operations	C/O TEGNA INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
David T Lougee	officer: President, TEGNA Media	GANNETT CO., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Mcclelland Clifton A. Iii	officer: VP, Cntlr. and Prin. Acc. Off.	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Standard General L.p.	10 percent owner	767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Soohyung Kim	10 percent owner	C/O STANDARD GENERAL L.P., 767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Karen H. Grimes	director	TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Neal Shapiro	director	GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Akinyale S. Harrison	officer: SVP, General Counsel and Sec.	C/O TEGNA INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Scott K Mccune	director	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Gina L Bianchini	director	312 WALNUT STREET, SUITE 1800, CINCINNATI OH 45202
Stuart J. Epstein	director	C/O TEGNA INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Melinda Witmer	director	C/O TEGNA INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Todd A. Mayman	officer: EVP, Chief Legal and Admin Off	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
William A. Behan	officer: SVP, Labor Relations	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Howard D Elias	director	C/O EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748