TEGNA Dividends and Buybacks
Dividend criteria checks 3/6
TEGNA is a dividend paying company with a current yield of 2.72% that is well covered by earnings. Next payment date is on 2nd January, 2025 with an ex-dividend date of 6th December, 2024.
Key information
2.7%
Dividend yield
18.5%
Buyback Yield
| Total Shareholder Yield | 21.2% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 0.2% |
| Next dividend pay date | 02 Jan 25 |
| Ex dividend date | 06 Dec 24 |
| Dividend per share | US$0.500 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
TEGNA: Strong Cash Flow And M&A Potential Enables More Upside
Nov 23Investors Aren't Entirely Convinced By TEGNA Inc.'s (NYSE:TGNA) Earnings
Oct 11
TEGNA Stock: Buybacks Can Reward Patient Investors
Sep 10TEGNA (NYSE:TGNA) May Have Issues Allocating Its Capital
Sep 03TEGNA: A Solid Balance Sheet And Strong Earnings Show This Broadcaster Still Has Legs
Aug 10TEGNA: A Declining Business Can Still Be A Good Stock
May 30TEGNA (NYSE:TGNA) Is Increasing Its Dividend To $0.125
May 27TEGNA Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 10Here's Why TEGNA (NYSE:TGNA) Has A Meaningful Debt Burden
Apr 18TEGNA: Advancing Market Share In Broadcasting And Advertisement In 2024
Apr 03TEGNA: Large Buyback Should Begin To Lift Shares In 2024
Jan 09Why TEGNA Is A Buy Even As A Standalone Company
Oct 23TEGNA: Despite Mixed Results, The Stock Is Undervalued
Aug 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TGNA's dividend payments have been volatile in the past 10 years.
Growing Dividend: TGNA's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| TEGNA Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TGNA) | 2.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Media) | 2.9% |
| Analyst forecast (TGNA) (up to 3 years) | 2.7% |
Notable Dividend: TGNA's dividend (2.72%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: TGNA's dividend (2.72%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.9%), TGNA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.6%), TGNA's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:46 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TEGNA Inc. is covered by 26 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Kannan Venkateshwar | Barclays |
| James Goss | Barrington Research Associates, Inc. |