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GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE

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Gray Television (NYSE: GTN) has declared a quarterly cash dividend of $0.08 per share for both its common stock and Class A common stock. The dividend will be paid on December 31, 2024, to shareholders recorded as of December 13, 2024. This announcement follows the Board of Directors' authorization of the quarterly payment.

Gray Television (NYSE: GTN) ha dichiarato un dividendo in contante trimestrale di $0.08 per azione sia per le sue azioni ordinarie che per le azioni di Classe A. Il dividendo sarà pagato il 31 dicembre 2024 agli azionisti registrati al 13 dicembre 2024. Questo annuncio segue l'autorizzazione del Consiglio di Amministrazione per il pagamento trimestrale.

Gray Television (NYSE: GTN) ha declarado un dividendo en efectivo trimestral de $0.08 por acción tanto para sus acciones ordinarias como para las acciones Clase A. El dividendo se pagará el 31 de diciembre de 2024 a los accionistas registrados a partir del 13 de diciembre de 2024. Este anuncio sigue la autorización del Consejo de Administración para el pago trimestral.

그레이 텔레비전 (NYSE: GTN)는 보통주와 클래스 A 보통주 모두에 대해 주당 $0.08의 분기 현금 배당금을 선언했습니다. 배당금은 2024년 12월 31일에 지급되며, 2024년 12월 13일 기준으로 등록된 주주에게 지급됩니다. 이 발표는 이사회에서 분기 지급을 승인한 후 이루어진 것입니다.

Gray Television (NYSE: GTN) a déclaré un dividende trimestriel en espèces de 0,08 $ par action pour ses actions ordinaires et ses actions classe A. Le dividende sera payé le 31 décembre 2024 aux actionnaires enregistrés au 13 décembre 2024. Cette annonce fait suite à l'autorisation du Conseil d'administration pour le paiement trimestriel.

Gray Television (NYSE: GTN) hat eine vierteljährliche Barausschüttung von $0.08 pro Aktie sowohl für seine Stammaktien als auch für die Klasse A Stammaktien erklärt. Die Ausschüttung wird am 31. Dezember 2024 an die Aktionäre ausgezahlt, die am 13. Dezember 2024 registriert sind. Diese Ankündigung folgt der Genehmigung des Vorstands für die vierteljährliche Zahlung.

Positive
  • Consistent dividend payment indicating financial stability
  • Equal treatment of both common and Class A common stockholders
Negative
  • None.

ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its common stock and Class A common stock. The dividend is payable on December 31, 2024, to shareholders of record at the close of business on December 13, 2024.

About Gray Television:

We are a multimedia company headquartered in Atlanta, Georgia. We are the nation’s largest owner of top-rated local television stations and digital assets serving 113 television markets that collectively reach approximately 36 percent of US television households. The portfolio includes 77 markets with the top-rated television station and 100 markets with the first and/or second highest rated television station, as well as the largest Telemundo Affiliate group with 43 markets totaling nearly 1.5 million Hispanic TV Households. We also own Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with the most advanced digital products and services. Our additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. Gray owns a majority interest in Swirl Films.

Forward-Looking Statements:

This press release contains certain forward-looking statements that are based largely on Gray’s current expectations and reflect various estimates and assumptions by Gray. These statements are statements other than those of historical fact and may be identified by words such as “estimates”, “expect,” “anticipate,” “will,” “implied,” “assume” and similar expressions. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results and achievements to differ materially from those expressed in such forward-looking statements. Such risks, trends and uncertainties, which in some instances are beyond Gray’s control include Gray’s inability to provide expected future payment of dividends, and other future events. Gray is subject to additional risks and uncertainties described in Gray’s quarterly and annual reports filed with the Securities and Exchange Commission from time to time, including in the “Risk Factors,” and management’s discussion and analysis of financial condition and results of operations sections contained therein, which reports are made publicly available via its website, www.gray.tv. Any forward-looking statements in this communication should be evaluated in light of these important risk factors. This press release reflects management’s views as of the date hereof. Except to the extent required by applicable law, Gray undertakes no obligation to update or revise any information contained in this communication beyond the date hereof, whether as a result of new information, future events or otherwise.

# # #

Gray Contacts:
www.gray.tv.
Jeff Gignac, Executive Vice President and Chief Financial Officer, (404) 504-9828
Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, (404) 266-8333


FAQ

What is Gray Television's (GTN) dividend amount for Q4 2024?

Gray Television's dividend for Q4 2024 is $0.08 per share for both common stock and Class A common stock.

When is Gray Television's (GTN) next dividend payment date?

Gray Television's next dividend payment date is December 31, 2024.

What is the record date for Gray Television's (GTN) Q4 2024 dividend?

The record date for Gray Television's Q4 2024 dividend is December 13, 2024.

Does Gray Television (GTN) pay the same dividend for common and Class A shares?

Yes, Gray Television pays the same dividend amount of $0.08 per share for both common stock and Class A common stock.

Gray Television, Inc.

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