Gray Media (NYSE: GTN) sets $0.08 per share cash dividend
Rhea-AI Filing Summary
Gray Media, Inc. announced that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share on its common stock and Class A common stock. The dividend will be paid on March 31, 2026, to shareholders of record as of March 13, 2026.
Gray describes itself as a multimedia company headquartered in Atlanta and the nation’s largest owner of top-rated local television stations and digital assets, serving 114 full-power television markets that collectively reach about 37% of U.S. television households.
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Title of each Class | Trading Symbol(s) | Name of each exchange on which registered |
(d) | Exhibits |
99.1 | Press release issued by Gray Media, Inc. – Dividend, on February 26, 2026 |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
Gray Media, Inc. | ||||
February 26, 2026 | By: | /s/ Jeffrey R. Gignac | ||
Name: | Jeffrey R. Gignac | |||
Title: | Executive Vice President and Chief Financial Officer | |||
Exhibit 99.1
GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
ATLANTA, February 26, 2026 -- 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 March 31, 2026, to shareholders of record at the close of business on March 13, 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 114 full-power television markets that collectively reach approximately 37% of US television households. The portfolio includes 77 markets with the top-rated television station and 97 markets with the first and/or second highest rated television station in average all-day ratings across the 113 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. For more information, please visit www.graymedia.com.
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 did Gray Media (GTN) announce in its latest 8-K filing?
Gray Media announced that its Board of Directors authorized a quarterly cash dividend of $0.08 per share. The dividend applies to both common stock and Class A common stock, with specified record and payment dates detailed in the announcement.
How much is Gray Media’s new quarterly dividend per share?
Gray Media’s Board authorized a quarterly cash dividend of $0.08 per share. This dividend amount applies equally to the company’s common stock and Class A common stock, providing a regular cash distribution to shareholders on a quarterly basis.
What are the record and payment dates for Gray Media’s $0.08 dividend?
The $0.08 per share dividend will be paid on March 31, 2026. Shareholders must be on record at the close of business on March 13, 2026 to be eligible to receive this quarterly cash dividend from Gray Media.
Which Gray Media shares are eligible for the $0.08 cash dividend?
The authorized quarterly cash dividend of $0.08 per share applies to Gray Media’s common stock and Class A common stock. Holders of either class who are shareholders of record on March 13, 2026, will receive the dividend on March 31, 2026.
How does Gray Media describe its core business operations?
Gray Media describes itself as a multimedia company headquartered in Atlanta and the nation’s largest owner of top-rated local television stations and digital assets, serving 114 full-power television markets that collectively reach approximately 37% of U.S. television households.
Does Gray Media’s announcement include any caution about future dividends?
The announcement notes that forward-looking statements involve risks, including Gray Media’s potential inability to provide expected future dividend payments. It refers investors to the company’s SEC reports, including risk factors and management’s discussion and analysis, for a fuller description of these risks.
Filing Exhibits & Attachments
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