GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
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Gray Television, Inc. (NYSE: GTN) has announced a quarterly cash dividend of $0.08 per share, payable on December 31, 2024, to shareholders of record as of December 13, 2024.
November 08, 2024 | 11:15 am
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Gray Television has declared a quarterly dividend of $0.08 per share, indicating a stable financial position and potential attractiveness to income-focused investors.
The announcement of a dividend payment suggests that Gray Television is in a stable financial position, which is generally positive for the stock price. This can attract income-focused investors, potentially leading to a short-term increase in demand for the stock.
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IMPORTANCE 80
RELEVANCE 100