{"id":818899,"date":"2025-02-27T06:08:11","date_gmt":"2025-02-27T11:08:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gray-announces-quarterly-cash-dividend-of-0-08-per-share-9\/"},"modified":"2025-02-27T06:08:11","modified_gmt":"2025-02-27T11:08:11","slug":"gray-announces-quarterly-cash-dividend-of-0-08-per-share-9","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gray-announces-quarterly-cash-dividend-of-0-08-per-share-9\/","title":{"rendered":"GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE"},"content":{"rendered":"
\n

\n ATLANTA, Feb. 27, 2025 (GLOBE NEWSWIRE) — Gray<\/strong>
\n Media,<\/strong>
\n Inc.<\/strong>
\n (\u201cGray\u201d)<\/strong>
\n (NYSE:<\/strong>
\n GTN)<\/strong> 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, 2025, to shareholders of record at the close of business on March 14, 2025.<\/p>\n

\n About<\/strong>
\n Gray<\/strong>
\n Media:<\/strong>\n <\/p>\n

We are a multimedia company headquartered in Atlanta, Georgia. We are the nation\u2019s largest owner\u00a0of\u00a0top-rated\u00a0local television\u00a0stations\u00a0and\u00a0digital\u00a0assets serving 113 television markets that collectively reach approximately 37 percent of US television households.\u00a0The portfolio\u00a0includes 78 markets with\u00a0the top-rated\u00a0television station and 99 markets with the first and\/or second highest rated television station, as well as the largest Telemundo Affiliate group with 44 markets.\u00a0We also own Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with the most advanced digital products and services.\u00a0Our additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production\u00a0facilities Assembly Atlanta and Third Rail Studios. For more information, please visit www.graymedia.com<\/a>.<\/p>\n

\n Forward-Looking Statements:<\/strong>\n <\/p>\n

This press release contains certain forward-looking statements that are based largely on Gray\u2019s 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 \u201cestimates\u201d, \u201cexpect,\u201d \u201canticipate,\u201d \u201cwill,\u201d \u201cimplied,\u201d \u201cassume\u201d 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\u2019s control include Gray\u2019s inability to provide expected future payment of dividends, and other future events. Gray is subject to additional risks and uncertainties described in Gray\u2019s quarterly and annual reports filed with the Securities and Exchange Commission from time to time, including in the \u201cRisk Factors,\u201d and management\u2019s 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<\/a>. Any forward-looking statements in this communication should be evaluated in light of these important risk factors. This press release reflects management\u2019s 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.<\/p>\n

# # #<\/p>\n

\n Gray Contacts: <\/strong>\n <\/p>\n

Jeffrey R. Gignac, Executive Vice President and Chief Financial Officer, (404) 504-9828
Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, (404) 266-8333<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

ATLANTA, Feb. 27, 2025 (GLOBE NEWSWIRE) — Gray Media, Inc. (\u201cGray\u201d) (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, 2025, to shareholders of record at the close of business on March 14, 2025. About Gray Media: We are a multimedia company headquartered in Atlanta, Georgia. We are the nation\u2019s largest owner\u00a0of\u00a0top-rated\u00a0local television\u00a0stations\u00a0and\u00a0digital\u00a0assets serving 113 television markets that collectively reach approximately 37 percent of US television households.\u00a0The portfolio\u00a0includes 78 markets with\u00a0the top-rated\u00a0television station and 99 markets with the first and\/or second highest rated television station, as well as the largest Telemundo Affiliate group with … <\/p>\n

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