Gray Television Dividends and Buybacks
Dividend criteria checks 4/6
Gray Television is a dividend paying company with a current yield of 7.32% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
7.3%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 8.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 46.9% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$0.320 |
| Payout ratio | 21% |
Recent dividend and buyback updates
Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08
Nov 12
Gray Television's (NYSE:GTN) Dividend Will Be $0.08
Aug 20Recent updates
Gray Television: Still A Value Trap
Nov 19Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08
Nov 12Gray Television: Dead Money (Rating Downgrade)
Nov 10Improved Revenues Required Before Gray Television, Inc. (NYSE:GTN) Shares Find Their Feet
Oct 17Gray Television (NYSE:GTN) Seems To Be Using A Lot Of Debt
Sep 10Gray Television's (NYSE:GTN) Dividend Will Be $0.08
Aug 20Gray Television: Bumpy Ride But Thesis Intact
Aug 10Is Now An Opportune Moment To Examine Gray Television, Inc. (NYSE:GTN)?
Aug 05Estimating The Intrinsic Value Of Gray Television, Inc. (NYSE:GTN)
Jul 15Taking A (Speculative) Position In Gray Television
Jul 10Gray Television, Inc. (NYSE:GTN) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Jun 19Gray Television (NYSE:GTN) Use Of Debt Could Be Considered Risky
Jun 01Gray Television: Tune In To The Main Event
Apr 02Gray Television (NYSE:GTN) Has No Shortage Of Debt
Jan 24Gray Television: Undervalued But Faces Significant Debt Overhang And Industry Headwinds
Jan 11Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08
Dec 13Gray Television (NYSE:GTN) Has Announced A Dividend Of $0.08
Nov 11Does This Valuation Of Gray Television, Inc. (NYSE:GTN) Imply Investors Are Overpaying?
Nov 03Gray Television: Deep Value Or Value Trap?
Nov 01Is It Too Late To Consider Buying Gray Television, Inc. (NYSE:GTN)?
Sep 27Gray Television (NYSE:GTN) Is Due To Pay A Dividend Of $0.08
Sep 04Gray Television Can Unlock A Lot Of Shareholder Value By Simply Paying Down Its Debt
Aug 22Gray Television (NYSE:GTN) Is Paying Out A Dividend Of $0.08
Aug 21Gray Television (NYSE:GTN) Is Due To Pay A Dividend Of $0.08
Aug 07Should You Investigate Gray Television, Inc. (NYSE:GTN) At US$7.40?
Jun 15Gray Television: A Heavily Discounted Stock With Serious Headwinds
Jun 03Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GTN) | 7.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Media) | 2.6% |
| Analyst forecast (GTN) (up to 3 years) | n/a |
Notable Dividend: GTN's dividend (7.32%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: GTN's dividend (7.32%) is in the top 25% of dividend payers in the US market (4.26%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.8%), GTN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.1%), GTN's dividend payments are thoroughly covered by cash flows.