Gray Media, Inc.
GTNGray Media, Inc. (GTN) is a broadcasting company that owns and operates local television stations across the United States. The company focuses on providing regional news, entertainment, and advertising services through its television stations, primarily affiliated with major networks. Gray Media is known for its strategic local marketing and community engagement efforts, serving a diverse array of markets with a focus on local content.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 31, 2025 | $0.08 | 2025-12-15 | 2025-12-15 |
| September 30, 2025 | $0.08 | 2025-09-15 | 2025-09-15 |
| June 30, 2025 | $0.08 | 2025-06-13 | 2025-06-13 |
| March 31, 2025 | $0.08 | 2025-03-14 | 2025-03-14 |
| December 31, 2024 | $0.08 | 2024-12-13 | 2024-12-13 |
Dividends Summary
- Consistent Payer: Gray Media, Inc. has rewarded shareholders with 40 dividend payments over the past 21 years.
- Total Returned Value: Investors who held GTN shares during this period received a total of $2.29 per share in dividend income.
- Latest Payout: The most recent dividend of $0.08/share was paid 23 days ago, on December 31, 2025.
- Yield & Schedule: GTN currently pays dividends quarterly with an annual yield of 7.37%.
- Dividend Growth: Since 2004, the dividend payout has grown by 166.7%, from $0.03 to $0.08.
- Dividend Reliability: GTN has maintained or increased its dividend for 36 consecutive payments.
Company News
Gray Media, Inc. announced it will release its Q4 2025 earnings results on February 26, 2026, with a conference call at 11:00 a.m. Eastern Time. The company is the nation's largest owner of local television stations, serving 113 markets and reaching approximately 37% of US television households.
Gray Media, Inc. has appointed Kristy Santiago as General Manager of KFVS (CBS and CW) in Cape Girardeau, Missouri and WQWQ-LD (Telemundo) in Paducah, Kentucky. Santiago brings decades of television station management experience and has previously served as General Manager in Monterey, California.
Bahakel Communications has agreed to sell its ABC affiliate WBBJ-TV in Jackson, Tennessee to Gray Media, advancing Gray's strategy of acquiring highly rated local television stations. The transaction is expected to close in the first quarter of 2026.
Gray Media completed a $250 million offering of additional senior secured second lien notes due in 2032, issued at 102% of par value. The proceeds will be used to redeem existing notes, pay offering expenses, and support general corporate purposes.
Gray Media is producing a nationwide storytelling project commemorating the 250th anniversary of the United States, featuring hundreds of original stories highlighting local histories, cultural moments, and significant national events across various states.
