Gray Television, Inc. (GTN.A) to Issue Quarterly Dividend of $0.08 on December 31st

Gray Television, Inc. (NYSE:GTN.A) declared a quarterly dividend on Friday, November 8th,Wall Street Journal reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.08 per share on Tuesday, December 31st. This represents a $0.32 annualized dividend and a yield of 4.57%. The ex-dividend date is Friday, December 13th.

Gray Television Price Performance

GTN.A stock traded down $0.69 on Wednesday, reaching $7.00. The company had a trading volume of 8,781 shares, compared to its average volume of 6,580. The company’s fifty day moving average is $7.32 and its 200 day moving average is $7.97. The company has a market cap of $697.67 million, a P/E ratio of 5.13 and a beta of 1.22. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.13 and a current ratio of 1.13. Gray Television has a 1 year low of $5.00 and a 1 year high of $10.90.

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.