GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE

Rhea-AI Summary

Gray (NYSE: GTN) announced a quarterly cash dividend of $0.08 per share on common and Class A common stock. The dividend is payable on June 30, 2026 to shareholders of record at the close of business on June 15, 2026.

Positive

• Dividend declared of $0.08 per share
• Payable date set for June 30, 2026
• Record date set for June 15, 2026

Negative

• Cash outflow on June 30, 2026 for the declared dividend

News Market Reaction – GTN

-20.07% 2.7x vol

27 alerts

-20.07% Session close to close

-24.6% Trough in 8 hr 22 min

$568.38M Market Cap

2.7x Rel. Volume

In the May 7 session, GTN declined 20.07%, reflecting a significant negative market reaction. Argus tracked a trough of -24.6% from its starting point during tracking. Our momentum scanner triggered 27 alerts that day, indicating elevated trading interest and price volatility. Trading volume was elevated at 2.7x the daily average, suggesting increased selling activity.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ATLANTA, May 07, 2026 (GLOBE NEWSWIRE) -- Gray Media, 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 June 30, 2026, to shareholders of record at the close of business on June 15, 2026.

About Gray Media:

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 120 full-power television markets that collectively reach approximately 37% of US television households. The portfolio includes 81 markets with the top-rated television station and 103 markets with the first and/or second highest rated television station in average all-day ratings across the 119 of such markets that were measured by Nielsen in 2025. We also own the largest Telemundo Affiliate group with 47 markets and 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.

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.graymedia.com. 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.

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Gray Contacts:

Alan Gould, Vice President, Investor Relations, (404) 266-8333, alan.gould@graymedia.com

FAQ

What dividend did Gray (GTN) declare on May 7, 2026?

Gray declared a $0.08 per share quarterly cash dividend. According to the company, the dividend applies to both common and Class A common stock and is payable June 30, 2026 to record holders on June 15, 2026.

When will Gray (GTN) pay the $0.08 dividend declared May 7, 2026?

The dividend is payable on June 30, 2026. According to the company, shareholders of record at the close of business on June 15, 2026 will receive the June 30 payment.

Who is eligible for Gray's (GTN) June 30, 2026 dividend payment?

Shareholders of record at the close of business on June 15, 2026 are eligible. According to the company, both common and Class A common stockholders on that record date will receive the $0.08 per share dividend.

How much will shareholders of Gray (GTN) receive per share for the June 2026 dividend?

Shareholders will receive $0.08 per share for the quarterly dividend. According to the company, the amount applies equally to common stock and Class A common stock and is payable June 30, 2026.

Does Gray's (GTN) May 7, 2026 announcement change the dividend record or payable dates?

The announcement sets specific dates: record date June 15, 2026 and payable date June 30, 2026. According to the company, those are the dates tied to the declared $0.08 per share dividend.