Gray MediaGTN +0.51%65 Dividend Yield % is 8.10% as of Jun. 24, 2026, which is 152% above its 10-year median of 3.21. GuruFocus rates GTN with a GF Score™ of 65/100 and a GF Value™ of $3.65 (Fairly Valued). The stock has 8 warning signs investors should review. Among 394 Media - Diversified companies, Gray Media ranks better than 61.93% on this metric.
As of today (2026-06-24), the Trailing Annual Dividend Yield of Gray Media is 8.10%.
The historical rank and industry rank for Gray Media'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: 3.21 Max: 8.16
Current: 8.1
During the past 13 years, the highest Dividend Yield of Gray Media was 8.16%. The lowest was 0.37%. And the median was 3.21%.
GTN's Dividend Yield % is ranked better than 61.93% of 394
companies
in the Media - Diversified industry
Industry Median: 3.095
vs GTN: 8.10
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 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.
The historical data trend for Gray Media'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.
GTN vs SSP, FUBO, IHRT: Dividend Yield % Comparison
For the Broadcasting subindustry, Gray Media'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 Media Dividend Yield % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Gray Media's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Gray Media's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Gray Media Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.080000
2026-06-15
2026-06-15
2026-06-30
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.080000
2026-03-13
2026-03-13
2026-03-31
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.080000
2025-12-15
2025-12-15
2025-12-31
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.080000
2025-09-15
2025-09-15
2025-09-30
Cash Dividend
quarterly
USD: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 Media's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.32
/
3.95
=
8.10 %
Current Share Price is $3.95. Gray Media's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.32.
Gray Media's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.32
/
3.95
=
8.10 %
Current Share Price is $3.95. Gray Media'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 Media (GTN) has a Dividend Yield % of 8.10% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Gray Media and its competitors. This is 152% above median its historical median of 3.21. Over the past decade, Gray Media's Dividend Yield % has ranged from 0.37 to 8.16. According to the industry distribution chart, Gray Media ranks #150 out of 394 companies in the Media - Diversified industry, placing it in the top 38.1%.
Is Gray Media's Dividend Yield % too high?
Gray Media's current Dividend Yield % of 8.10% is 152% above median its 10-year median of 3.21. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 8.16. The Media - Diversified industry median Dividend Yield % is 3.10. Gray Media's value of 8.10% is 161.7% above this industry median. Based on the distribution chart, Gray Media ranks #150 out of 394 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Gray Media has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gray Media's Dividend Yield % compare to SSP and FUBO?
According to the Media - Diversified industry distribution chart, Gray Media ranks #150 out of 394 companies for Dividend Yield %. This puts Gray Media in the upper half of its industry. The industry median Dividend Yield % is 3.10. Gray Media's value of 8.10% is 161.7% above this benchmark. Historically, Gray Media's own Dividend Yield % has ranged from 0.37 to 8.16 over the past decade. While the company's 10-year median is 3.21 vs. the industry median of 3.10, Gray Media has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Media - Diversified company?
The median Dividend Yield % among Media - Diversified companies is 3.10, based on 394 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gray Media's current Dividend Yield % of 8.10% is 161.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Gray Media and its competitors. For the Media - Diversified industry, the median Dividend Yield % is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gray Media's current Dividend Yield % is 8.10%, which is 152% above median its own 10-year median of 3.21. 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 $3.65, compared to a current price of $3.95 — trading 8.2% above its estimated fair value. The current Dividend Yield % is 8.10%, which is 152% above median its 10-year median of 3.21 and 161.7% above the Media - Diversified industry median of 3.10. Gray Media's overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Gray Media (GTN), the current Dividend Yield % is 8.10% as of Jun. 24, 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 overvalued.
The current stock price of $3.95 is trading 8.2% above its estimated GF Value™ of $3.65.
GuruFocus considers Gray Media to be Fairly Valued.
Key valuation signals for GTN:
Dividend Yield %: 8.10% (152% above median its 10-year median of 3.21)
GF Value™: $3.65 vs. price of $3.95 (8.2% above fair value)
Industry Position: 161.7% above the Media - Diversified median (#150 of 394)
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 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.
65GF Score
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