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

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

Gray Television Stock Down 9.0 %

NYSE GTN.A traded down $0.69 during trading hours on Wednesday, reaching $7.00. 8,781 shares of the company traded hands, compared to its average volume of 6,580. The stock has a market capitalization of $697.67 million, a PE ratio of 5.13 and a beta of 1.22. The company has a 50 day moving average of $7.32 and a two-hundred day moving average of $7.97. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 2.76. Gray Television has a 12 month low of $5.00 and a 12 month high of $10.90.

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.