Gray Media, Inc.
GTNCommunication Services · Stock · quarterly payer
$4.03
Add to PortfolioForward Yield
7.94%
Annual Dividend
$0.32
Payout Ratio
74%
5-Yr Growth
—
Ex-Date
Jun 15, 2026
Frequency
Quarterly
GTN Dividend Safety Score
74/ 100
Grade B
Safe
Dividend-growth streak4 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage74% of earnings paid out
Free-cash-flow coverage26% of free cash flow
Balance-sheet strengthDebt/equity of 2.10
Yield vs its historyYield is 2.0× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is GTN a good dividend stock?
Yes, with caveatsGray Media, Inc. (GTN) pays a quarterly dividend yielding 7.94% ($0.32/yr), with 11 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- 11 consecutive years of dividend growth
- Never cut its dividend on record
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 7.94%
- Payout Ratio
- 74%
- Annual Dividend
- $0.32
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 11
- Frequency
- quarterly
- Beta
- 0.97
- Market Cap
- $414.0M
- P/E Ratio
- —
- 5-Yr Total Return
- -83%
- 52-Week Range
- $3.50 – $6.44
- Dividend Safety
- B · 74/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 13, 2026 | — | $0.0800 | regular |
| Dec 15, 2025 | — | $0.0800 | regular |
| Sep 15, 2025 | — | $0.0800 | regular |
| Jun 13, 2025 | — | $0.0800 | regular |
| Mar 14, 2025 | — | $0.0800 | regular |
| Dec 13, 2024 | — | $0.0800 | regular |
| Sep 13, 2024 | — | $0.0800 | regular |
| Jun 14, 2024 | — | $0.0800 | regular |
| Mar 14, 2024 | — | $0.0800 | regular |
| Dec 14, 2023 | — | $0.0800 | regular |
| Sep 14, 2023 | — | $0.0800 | regular |
| Jun 14, 2023 | — | $0.0800 | regular |
| Mar 14, 2023 | — | $0.0800 | regular |
| Dec 14, 2022 | — | $0.0800 | regular |
Income Calculator
At $0.32 / yr per share
Per payment (quarterly)$8.00
Annual$32.00
Monthly avg$2.67
