Gray Television, Inc. (GTN) Dividends
Dividend Yield and Dividend History Highlights
- Over the past six years, GTN has issued more dividends than only 2.19% of other dividend-issuing US stocks.
- GTN has a compound annual growth rate of its cash flow of 0.37%, higher than about 87.43% stocks in our dividend set.
- As for its free cash flow/dividend ratio, GTN's comes in at -71.5 -- better than merely 2.44% of other US-listed dividend issuers.
- As for stocks whose price is uncorrelated with GTN's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: AWK, FEDU, PEGA, CVGW and SAIL.
GTN Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $5.92 | $9.07 | -60.39% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Gray Television Inc, the DDM model, as implemented by StockNews, implies a negative return of 60.39% relative to its current price. To help understand and contextualize the model's evaluation of GTN, investors may wish to consider are:
- In comparison to stocks we observe that provide shareholders with a dividend, Gray Television Inc's dividend yield of 1.4% is in the bottom 26.38%.
- Regarding its relative worth based on the dividend discount model, GTN's provides a return of -60.39% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than only 24.99% of all stocks we measured with our dividend discount model.
GTN Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-03-14 | Dividend | $0.08 | -- |
| 2023-12-14 | Dividend | $0.08 | -- |
| 2023-09-14 | Dividend | $0.08 | -- |
| 2023-06-14 | Dividend | $0.08 | -- |
| 2023-03-14 | Dividend | $0.08 | -- |
| 2022-12-14 | Dividend | $0.08 | -- |
| 2022-09-14 | Dividend | $0.08 | -- |
| 2022-06-14 | Dividend | $0.08 | -- |
| 2022-03-14 | Dividend | $0.08 | -- |
| 2021-12-14 | Dividend | $0.08 | -- |
| 2021-09-14 | Dividend | $0.08 | -- |
| 2021-06-14 | Dividend | $0.08 | -- |
| 2021-03-12 | Dividend | $0.08 | +166.67% |
| 2008-09-11 | Dividend | $0.03 | -- |
| 2008-06-23 | Dividend | $0.03 | -- |
| 2008-03-20 | Dividend | $0.03 | -- |
| 2007-12-12 | Dividend | $0.03 | -- |
| 2007-09-12 | Dividend | $0.03 | -- |
| 2007-06-13 | Dividend | $0.03 | -- |
| 2007-03-21 | Dividend | $0.03 | -- |
| 2006-12-13 | Dividend | $0.03 | -- |
| 2006-09-13 | Dividend | $0.03 | -- |
| 2006-06-13 | Dividend | $0.03 | -97.55% |
| 2006-01-03 | Dividend | $1.23 | +3,983.33% |
| 2005-12-12 | Dividend | $0.03 | -- |
| 2005-09-13 | Dividend | $0.03 | -- |
| 2005-06-13 | Dividend | $0.03 | -- |
| 2005-03-11 | Dividend | $0.03 | -80.00% |
| 2004-12-10 | Dividend | $0.15 | +400.00% |
| 2004-09-13 | Dividend | $0.03 | -- |
| 2004-06-14 | Dividend | $0.03 | -- |
| 2004-03-11 | Dividend | $0.03 | +50.00% |
| 2003-12-11 | Dividend | $0.02 | -- |
| 2003-09-11 | Dividend | $0.02 | -- |
| 2003-06-11 | Dividend | $0.02 | -- |
| 2003-03-12 | Dividend | $0.02 | -- |
| 2002-12-11 | Dividend | $0.02 | -- |
| 2002-09-11 | Dividend | $0.02 | -- |
GTN Dividends vs. Peers
GTN's dividend yield currently ranks #1 of 20 vs. its peers in the Entertainment - Broadcasters category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | GTN | Gray Television, Inc. | 0.00% |
| 2 | SBGI | Sinclair Broadcast Group, Inc. - | 0.00% |
| 3 | TGNA | TEGNA Inc | 0.00% |
| 4 | AUD | Audacy Inc. | 0.00% |
| 5 | EMMS | Emmis Communications Corporation - | 0.00% |
| 6 | IHRT | iHeartMedia, Inc. | 0.00% |
| 7 | NXST | Nexstar Media Group, Inc. - | 0.00% |
| 8 | TRCO | Tribune Media Company | 0.00% |
| 9 | ITVPY | ITV plc | 0.00% |
| 10 | UONE | Urban One Inc. Cl A | 0.00% |
| 11 | TV | Grupo Televisa S.A. | 0.00% |
| 12 | SSP | E.W. Scripps Company (The) - | 0.00% |
| 13 | LIZI | Lizhi Inc. ADR | 0.00% |
| 14 | CETV | Central European Media Enterprises Ltd. - | 0.00% |
| 15 | SJ | Scienjoy Holding Corporation | 0.00% |
| 16 | GSMG | Glory Star New Media Group Holdings Limited | 0.00% |
| 17 | ETM | Entercom Communications Corp. Cl A | 0.00% |
| 18 | CBS | CBS Corporation Class B | 0.00% |
| 19 | EVC | Entravision Communications Corporation | 0.00% |
| 20 | FOXA | Fox Corp. CI A | 0.00% |