It’s a dividend, and for investors with shares of broadcast media companies, there’s a disparity between television station owners and radio station licensees. The latter industry has seen companies such as Audacy Corp. and Townsquare Media put a clamp on dividend payments since the onset of the COVID-19 pandemic nearly three years ago.
TV’s post-pandemic rebound was quicker, and that didn’t dampen investor rewards. One such dividend is coming soon for Gray Television.
