SmarterDividends
GTN

Gray Media, Inc.

GTN

Communication Services · Broadcasting · Stock · quarterly payer

$4.38

Fairly valued · -6% Add to Portfolio

Forward Yield

7.31%

Annual Dividend

$0.32

Payout Ratio

74%

5-Yr Growth

—

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about GTN's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Gray Media, Inc. (GTN) has a forward dividend yield of 7.31%, based on an annual dividend of $0.32 per share and a share price of $4.38.
  • As of Oct 18, 2026, GTN's dividend safety grade from SmarterDividends is B (76 out of 100), which rates the dividend as safe.
  • GTN has never cut its regular dividend in the payment history SmarterDividends has on record.
  • GTN's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.0800 per share.
  • As of Oct 18, 2026, GTN pays out 74% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 18, 2026, GTN's 7.31% yield is 86% above its five-year average yield of 3.94%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for GTN is $4.11 per share, 6% below the $4.38 share price, so GTN screens as fairly valued.
  • Gray Media, Inc. (GTN) pays its dividend quarterly, 4 times a year.
  • Gray Media, Inc. (GTN) has raised its regular dividend 1 time and cut it 0 times across the 48 payments on record since 2002. Its most recent change was a 50.0% increase to $0.0300 per share, going ex-dividend on Mar 11, 2004.
Cite this page

SmarterDividends, "GTN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/GTN

Summary

As of Oct 18, 2026, Gray Media, Inc. (GTN) yields 7.31% ($0.32 a year per share) and has a dividend safety grade of B (76/100).

Is GTN a good dividend stock?

Yes

Gray Media, Inc. (GTN) pays a quarterly dividend yielding 7.31% ($0.32/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.31%
Payout Ratio
74%
Annual Dividend
$0.32
5-Yr Avg Growth
—
Ex-Dividend Date
Sep 15, 2026
Years of Growth
0
Frequency
quarterly
Beta
1.03
Market Cap
$451.1M
P/E Ratio
—
5-Yr Total Return
-79%
52-Week Range
$3.55 – $6.44
Dividend Safety
B · 76/100
Ever Cut?
No

GTN dividend raises and cuts

Gray Media, Inc. (GTN) has raised its regular dividend 1 time and cut it 0 times across the 48 payments on record since 2002. Its most recent change was a 50.0% increase to $0.0300 per share, going ex-dividend on Mar 11, 2004.

Ex-dateChangeOld → newMove
Mar 11, 2004Raise$0.0200 → $0.0300+50.0%
Every GTN payment →Download every raise and cut (CSV)
GTN ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →GTN dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is GTN a good dividend stock?

Yes. Gray Media, Inc. (GTN) pays a quarterly dividend yielding 7.31% ($0.32/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is GTN undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GTN's fair value is about $4.11 versus a $4.38 share price — so it looks fairly valued (-6% vs. fair value).

Is GTN's dividend safe?

GTN has a dividend-safety grade of B (76/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is GTN's fair value?

Our blended fair-value estimate for GTN is about $4.11 per share, about 6% below the current $4.38 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GTN a buy, hold, or sell?

We don't issue formal ratings, but on the data GTN screens as "yes" and fairly valued. Gray Media, Inc. (GTN) pays a quarterly dividend yielding 7.31% ($0.32/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will GTN cut its dividend?

GTN earns a dividend-safety grade of B (76/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does GTN pay a dividend?

Yes. Gray Media, Inc. pays a quarterly dividend of about $0.32 per share annually, a forward yield of roughly 7.31%.

What is GTN's dividend yield?

As of Oct 18, 2026, GTN's forward dividend yield is 7.31%, based on a $0.32 annual dividend and a $4.38 share price.

What is GTN's dividend per share?

As of Oct 18, 2026, GTN pays $0.32 per share per year, distributed on a quarterly basis.

What is GTN's dividend payout ratio?

As of Oct 18, 2026, GTN's payout ratio is 74% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has GTN grown its dividend?

GTN does not currently have a long dividend-growth streak on record.

When is the next GTN ex-dividend date?

As of Oct 18, 2026, GTN's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.0800 per share.

Income Calculator

At $0.32 / yr per share

Per payment (quarterly)$8.00
Annual$32.00
Monthly avg$2.67

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