Gray Television Dividend

Dividend criteria checks 3/6

Gray Television is a dividend paying company with a current yield of 6.27%.

Key information

6.3%

Dividend yield

331%

Payout ratio

Industry average yield2.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$0.320
Earnings per shareUS$0.094
Dividend yield forecastn/a

Recent dividend updates

Gray Television's (NYSE:GTN) Dividend Will Be $0.08

Aug 20
Gray Television's (NYSE:GTN) Dividend Will Be $0.08

Recent updates

Gray Television (NYSE:GTN) Seems To Be Using A Lot Of Debt

Sep 10
Gray Television (NYSE:GTN) Seems To Be Using A Lot Of Debt

Gray Television's (NYSE:GTN) Dividend Will Be $0.08

Aug 20
Gray Television's (NYSE:GTN) Dividend Will Be $0.08

Gray Television: Bumpy Ride But Thesis Intact

Aug 10

Is Now An Opportune Moment To Examine Gray Television, Inc. (NYSE:GTN)?

Aug 05
Is Now An Opportune Moment To Examine Gray Television, Inc. (NYSE:GTN)?

Estimating The Intrinsic Value Of Gray Television, Inc. (NYSE:GTN)

Jul 15
Estimating The Intrinsic Value Of Gray Television, Inc. (NYSE:GTN)

Taking A (Speculative) Position In Gray Television

Jul 10

Gray Television, Inc. (NYSE:GTN) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Jun 19
Gray Television, Inc. (NYSE:GTN) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Gray Television (NYSE:GTN) Use Of Debt Could Be Considered Risky

Jun 01
Gray Television (NYSE:GTN) Use Of Debt Could Be Considered Risky

Gray Television: Tune In To The Main Event

Apr 02

Gray Television (NYSE:GTN) Has No Shortage Of Debt

Jan 24
Gray Television (NYSE:GTN) Has No Shortage Of Debt

Gray Television: Undervalued But Faces Significant Debt Overhang And Industry Headwinds

Jan 11

Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

Dec 13
Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

Gray Television (NYSE:GTN) Has Announced A Dividend Of $0.08

Nov 11
Gray Television (NYSE:GTN) Has Announced A Dividend Of $0.08

Does This Valuation Of Gray Television, Inc. (NYSE:GTN) Imply Investors Are Overpaying?

Nov 03
Does This Valuation Of Gray Television, Inc. (NYSE:GTN) Imply Investors Are Overpaying?

Gray Television: Deep Value Or Value Trap?

Nov 01

Is It Too Late To Consider Buying Gray Television, Inc. (NYSE:GTN)?

Sep 27
Is It Too Late To Consider Buying Gray Television, Inc. (NYSE:GTN)?

Gray Television (NYSE:GTN) Is Due To Pay A Dividend Of $0.08

Sep 04
Gray Television (NYSE:GTN) Is Due To Pay A Dividend Of $0.08

Gray Television Can Unlock A Lot Of Shareholder Value By Simply Paying Down Its Debt

Aug 22

Gray Television (NYSE:GTN) Is Paying Out A Dividend Of $0.08

Aug 21
Gray Television (NYSE:GTN) Is Paying Out A Dividend Of $0.08

Gray Television (NYSE:GTN) Is Due To Pay A Dividend Of $0.08

Aug 07
Gray Television (NYSE:GTN) Is Due To Pay A Dividend Of $0.08

Should You Investigate Gray Television, Inc. (NYSE:GTN) At US$7.40?

Jun 15
Should You Investigate Gray Television, Inc. (NYSE:GTN) At US$7.40?

Gray Television: A Heavily Discounted Stock With Serious Headwinds

Jun 03

Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

May 22
Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

Gray Television's (NYSE:GTN) Dividend Will Be $0.08

May 08
Gray Television's (NYSE:GTN) Dividend Will Be $0.08

Is Gray Television (NYSE:GTN) Using Too Much Debt?

Apr 06
Is Gray Television (NYSE:GTN) Using Too Much Debt?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, GTN has been paying a dividend for less than 10 years.

Growing Dividend: GTN has only been paying a dividend for 4 years, and since then payments have not increased.


Dividend Yield vs Market

Gray Television Dividend Yield vs Market
How does GTN dividend yield compare to the market?
SegmentDividend Yield
Company (GTN)6.3%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Media)2.7%
Analyst forecast (GTN) (up to 3 years)n/a

Notable Dividend: GTN's dividend (6.27%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: GTN's dividend (6.27%) is in the top 25% of dividend payers in the US market (4.33%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (330.7%), GTN's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (39.6%), GTN's dividend payments are well covered by cash flows.


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