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Tegna (TGNA) Dividend Yield %

: 3.13% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Tegna is 3.13%.

Good Sign:

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

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

TGNA' s Dividend Yield % Range Over the Past 10 Years
Min: 1.31   Med: 2.61   Max: 7.61
Current: 3.13

During the past 13 years, the highest Dividend Yield of Tegna was 7.61%. The lowest was 1.31%. And the median was 2.61%.

TGNA's Dividend Yield % is ranked better than
53.14% of 382 companies
in the Media - Diversified industry
Industry Median: 2.92 vs TGNA: 3.13

Tegna's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.27.

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.

As of today (2024-04-19), the Forward Dividend Yield % of Tegna is 3.27%.

Tegna's Dividends per Share for the three months ended in Dec. 2023 was $0.11.

During the past 12 months, Tegna's average Dividends Per Share Growth Rate was 10.00% 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.


Tegna Dividend Yield % Historical Data

The historical data trend for Tegna'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.

Tegna 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 1.68 2.01 1.91 1.79 2.73

Tegna 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 1.79 2.25 2.34 2.74 2.73

Competitive Comparison

For the Broadcasting subindustry, Tegna'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.


Tegna Dividend Yield % Distribution

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

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



Tegna Dividend Yield % Calculation

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

Tegna Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1142024-03-072024-03-082024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1142023-12-072023-12-082024-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.1142023-09-072023-09-082023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.0952023-06-082023-06-092023-07-03Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.437/13.82
=3.16 %

Current Share Price is $13.82.
Tegna's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.437.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.456/13.82
=3.30 %

Current Share Price is $13.82.
Tegna's Dividends per Share for the forward twelve months is calculated as $0.114 * 4 = $0.456.

* 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.


Tegna  (NYSE:TGNA) 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.


Tegna Dividend Yield % Related Terms

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


Tegna (TGNA) Business Description

Traded in Other Exchanges
Address
8350 Broad Street, Suite 2000, Tysons, VA, USA, 22102-5151
Tegna Inc is a media company with a portfolio of broadcast stations and digital sites. The firm has around 64 television stations and 2 radio stations in approximately 51 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 they use to consume news content. It generates key revenue from advertising and marketing services, subscription, political advertising, and other services.
Executives
David T Lougee officer: President, TEGNA Media GANNETT CO., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Lynn B. Trelstad officer: EVP and COO - Media Operations C/O TEGNA 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
Mcclelland Clifton A. Iii officer: VP, Cntlr. and Prin. Acc. Off. C/O GANNETT CO., 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