Gray Television shareholders of record at the close of business on Friday, March 15, stand to collect a little bonus for their loyalty and investment in the broadcast media company.
The company’s Board of Directors on Monday 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 28.
Gray, which trades as “GTN” on the NYSE, was down 25 cents to $5.89 as of 2:37pm Eastern on Monday.
