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

Gray Television, Inc. (NYSE:GTN.A) announced a quarterly dividend on Thursday, February 27th, Wall Street Journal reports. Investors of record on Friday, March 14th will be given a dividend of 0.08 per share on Monday, March 31st. This represents a $0.32 annualized dividend and a dividend yield of 4.89%. The ex-dividend date of this dividend is Friday, March 14th.

Gray Television Stock Up 2.3 %

NYSE GTN.A opened at $6.55 on Wednesday. Gray Television has a 12 month low of $5.00 and a 12 month high of $10.90. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 2.76. The stock has a market cap of $665.11 million, a PE ratio of 4.37 and a beta of 1.24. The stock’s 50 day moving average is $7.05 and its 200 day moving average is $7.23.

Gray Television (NYSE:GTN.A) last released its earnings results on Thursday, February 27th. The company reported $1.59 EPS for the quarter. The firm had revenue of $1.05 billion for the quarter. Gray Television had a net margin of 5.69% and a return on equity of 9.60%.

Gray Television Company Profile

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.