GTN Dividend History & Analysis | 6.6% Yield

GTN has a dividend yield of 6.6% and paid 0.32 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 6.63%
Payout Ratio 74.4%
Growth Rate CAGR 5y -
Consistency Lifetime 97.5%
Yield on Cost 5y 1.9%
Payout FCF 187%
Streak Years 5
Dividend Rating 45.8%
Chowder Number yield + growth 6.6% below 12% target for healthy growth
Yield vs Average 5y +56.4% avg 4.24% vs now 6.63%
Debt / EBITDA leverage 7.4x elevated
Income per 10k invested 663 USD per year
Dividends Cash Amount per Share Yearly GTN annual dividends paid per share, showing the total cash Gray Television distributed to shareholders each year.
Dividend Growth Year over Year GTN year-over-year dividend growth rate, showing how Gray Television's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History GTN dividend yield history versus share price over the past 5 years, showing how Gray Television's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Broadcasting

Top 6 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
SESG PA
SES S. A.
3,750 M 8.03% 11.28%
RWAY MI
Rai Way
1,408 M 5.89% 8.48%
EVC NYSE
Entravision Communications
1,095 M 5.77% 4.51%
NXST NASDAQ
Nexstar Broadcasting
5,381 M 3.60% 6.16%
FOX NASDAQ
Fox
20,470 M 1.05% 1.80%
FOXA NASDAQ
Fox
22,725 M 0.95% 1.69%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
NXST NASDAQ
Nexstar Broadcasting
5,381 M 25.05% 100.0%
EVC NYSE
Entravision Communications
1,095 M 19.79% 98.3%
RWAY MI
Rai Way
1,408 M 8.41% 100.0%
FOX NASDAQ
Fox
20,470 M 3.91% 100.0%
FOXA NASDAQ
Fox
22,725 M 3.91% 100.0%

GTN Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan - -
Feb - -
Mar 1.22% 100
Apr - -
May - -
Jun 1.45% 100
Jul - -
Aug - -
Sep 1.00% 100
Oct - -
Nov - -
Dec 1.13% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-15 2026-06-15 2026-06-30 Quarterly 0.08 0% 2.04%
2026-03-13 2026-03-13 2026-03-31 Quarterly 0.08 0% 1.66%
2025-12-15 2025-12-15 2025-12-31 Quarterly 0.08 0% 1.56%
2025-09-15 2025-09-15 2025-09-30 Quarterly 0.08 0% 1.38%
2025-06-13 2025-06-13 2025-06-30 Quarterly 0.08 0% 2.11%
2025-03-14 2025-03-14 2025-03-31 Quarterly 0.08 0% 1.9%
2024-12-13 2024-12-13 2024-12-31 Quarterly 0.08 0% 2.09%
2024-09-13 2024-09-13 2024-09-30 Quarterly 0.08 0% 1.75%
2024-06-14 2024-06-14 2024-06-28 Quarterly 0.08 0% 1.6%
2024-03-14 2024-03-15 2024-03-28 Quarterly 0.08 0% 1.36%
2023-12-14 2023-12-15 2023-12-29 Quarterly 0.08 0% 0.92%
2023-09-14 2023-09-15 2023-09-29 Quarterly 0.08 0% 1.07%
2023-06-14 2023-06-15 2023-06-30 Quarterly 0.08 0% 1.05%
2023-03-14 2023-03-15 2023-03-31 Quarterly 0.08 0% 0.83%
2022-12-14 2022-12-15 2022-12-30 Quarterly 0.08 0% 0.7%
2022-09-14 2022-09-15 2022-09-30 Quarterly 0.08 0% 0.42%
2022-06-14 2022-06-15 2022-06-30 Quarterly 0.08 0% 0.45%
2022-03-14 2022-03-15 2022-03-31 Quarterly 0.08 0% 0.35%
2021-12-14 2021-12-15 2021-12-31 Quarterly 0.08 0% 0.38%
2021-09-14 2021-09-15 2021-09-30 Quarterly 0.08 0% 0.37%

GTN Dividend FAQ

What is the Dividend Yield of GTN?

As of July 2026, GTN's dividend yield is 6.63%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.32 USD by the current share price of 3.81.

Does GTN pay a dividend?

As of July 2026, GTN paid a dividend of 0.32 USD in the last 12 months. The last dividend was paid on 2026-06-15 and the payout was 0.08 USD.

How often does GTN pay dividends?

GTN pays dividends quarterly. Over the last 12 months, GTN has issued 4 dividend payments. The last dividend payment was made on 2026-06-15.

GTN dividend forecast

Based on historical data, the forecasted dividends per share for GTN for the next payments are between 0.08 (+0.0%) and 0.08 (+0.0%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 8.40%.

Will GTN pay dividends in 2026?

The latest dividend paid per share was 0.08 USD with an Ex-Dividend Date of 2026-06-15. The next Ex-Dividend date for Gray Television (GTN) is currently unknown.

What is the next Ex-Dividend Date for GTN?

The next Ex-Dividend date for Gray Television (GTN) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of GTN?

GTN's average dividend growth rate over the past 5 years is 0.00% per year.

What is the Yield on Cost of GTN?

GTN's 5-Year Yield on Cost is 1.90%. If you bought GTN's shares at 16.85 USD five years ago, your current annual dividend income (0.32 USD per share, trailing 12 months) equals 1.90% of your original purchase price.

What is the Payout Consistency of GTN?

GTN Payout Consistency is 97.5%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Gray Television has a strong track record of consistent dividend payments over its lifetime.

Does GTN have a good Dividend Yield?

GTN's 6.63% Dividend Yield is considered as high. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of GTN?

The Dividend Payout Ratio of GTN is 74.4%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of GTN?

GTN's Overall Dividend Rating is 45.76%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

GTN Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in GTN's Outstanding Shares?

Gray Television's outstanding shares have increased by approximately 1.89% annually over the past 3 years (Trend Reliability: 68.6%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has GTN ever had a Stock Split?

Yes, the last stock split was on Oct 1, 1998 with a ratio of 3:2. This was a forward split: Each share became 1.5 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1990 17,142,900 0%
1991 7,142,900 -58.33%
1992 6,363,600 -10.91%
1993 7,142,900 +12.25%
1994 7,272,700 +1.82%
1995 6,666,700 -8.33%
1996 12,857,100 +92.86%
1997 12,666,700 -1.48%
1998 12,666,700 0%
1999 15,456,500 +22.02%
2000 15,571,500 +0.74%
2001 15,646,700 +0.48%
2002 19,202,000 +22.72%
2003 49,856,000 +159.64%
2004 48,599,000 -2.52%
2005 48,741,000 +0.29%
2006 47,734,000 -2.07%
2007 48,153,000 +0.88%
2008 48,489,000 +0.7%
2009 48,565,000 +0.16%
2010 57,112,000 +17.6%
2011 57,125,000 +0.02%
2012 57,424,000 +0.52%
2013 58,167,000 +1.29%
2014 58,466,000 +0.51%
2015 72,439,000 +23.9%
2016 72,889,000 +0.62%
2017 77,826,000 +6.77%
2018 88,685,000 +13.95%
2019 100,000,000 +12.76%
2020 95,000,000 -5%
2021 95,000,000 0%
2022 92,000,000 -3.16%
2023 93,000,000 +1.09%
2024 98,000,000 +5.38%
2025 97,000,000 -1.02%
2026 97,000,000 0%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-13 02:05 UTC