Gray Television, Inc. (NYSE:GTN.A) Declares $0.08 Quarterly Dividend

Gray Television, Inc. (NYSE:GTN.A) declared a quarterly dividend on Thursday, August 8th, Zacks reports. Stockholders of record on Friday, September 13th will be paid a dividend of 0.08 per share on Monday, September 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date of this dividend is Friday, September 13th.

Gray Television Stock Performance

NYSE GTN.A opened at $7.68 on Thursday. The company has a fifty day moving average price of $8.57 and a 200-day moving average price of $8.05. The firm has a market cap of $761.38 million, a price-to-earnings ratio of -64.00 and a beta of 1.32. The company has a debt-to-equity ratio of 2.98, a current ratio of 1.63 and a quick ratio of 1.63. Gray Television has a 1 year low of $5.90 and a 1 year high of $10.90.

Gray Television (NYSE:GTN.A) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $826.00 million during the quarter. Gray Television had a net margin of 1.84% and a return on equity of 3.02%.

About Gray Television

Gray Television, Inc, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network.