Gray Television Dividend
Dividend criteria checks 2/6
Gray Television is a dividend paying company with a current yield of 6.17%. Next payment date is on 28th June, 2024 with an ex-dividend date of 14th June, 2024.
Key information
6.2%
Dividend yield
-329%
Payout ratio
| Industry average yield | 5.6% |
| Next dividend pay date | 28 Jun 24 |
| Ex dividend date | 14 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | -€0.095 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GCZA has been paying a dividend for less than 10 years.
Growing Dividend: GCZA has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Gray Television Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GCZA) | 6.2% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Media) | 5.6% |
| Analyst forecast in 3 Years (GCZA) | n/a |
Notable Dividend: GCZA's dividend (6.17%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: GCZA's dividend (6.17%) is in the top 25% of dividend payers in the German market (4.52%)
Earnings Payout to Shareholders
Earnings Coverage: GCZA is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (95.2%), GCZA's dividend payments are not well covered by cash flows.