With Gray Television going ex-dividend on December 14, with payment of a $0.08 dividend on December 30, renewed interest in ownership of the broadcast station owner’s stock has increased.
On October 31, GTN dipped to $8.97, a price last seen nine years earlier. Since then, shares have rebounded to the high $11 range. That’s good news for an independent company director who recently upped his holdings to 44,738 shares worth approximately $507,776.
