Gray Media authorized a $0.08 dividend per share on May 7, setting a cash return for holders of its common stock and Class A common stock. Shareholders of record at the close of business on June 15, 2026 will receive the payment on June 30, 2026.
Atlanta Board action
The board’s move gives investors a fixed quarterly payout rather than leaving distributions to discretion later in the period. Gray Media, based in Atlanta, says it owns the nation’s largest group of top-rated local television stations and digital assets serving 120 full-power television markets.
That scale matters because the dividend now sits alongside a business that Gray says reaches approximately 37% of U.S. television households. For holders of the stock, the immediate change is simple: keep the shares through the record date if they want the cash payment tied to this authorization.
June 15 record date
June 15 is the cutoff that decides which shares qualify. Investors who own Gray Media common stock or Class A common stock at the close of business that day are set to be on the list for the June 30 payout.
The company also says its portfolio includes 81 markets with the top-rated television station and 103 markets with the first or second highest rated television station in average all-day ratings across 119 measured markets in 2025. That operating footprint is the backdrop for a dividend policy that now turns part of the business into a scheduled cash return.
Gray Media cash return
47 markets is the size of Gray Media’s largest Telemundo Affiliate group, another marker of the company’s station mix and reach. It also owns Gray Digital Media, Raycom Sports, Tupelo Media Group, PowerNation Studios, Assembly Atlanta, and Third Rail Studios.
The release notes that future dividend payments are subject to risks and uncertainties, including Gray’s inability to provide expected future payment of dividends. For shareholders, this means the $0.08 distribution is scheduled, but the company is not committing beyond this quarter.
404-266-8333 is the contact number listed for Alan Gould, Vice President, Investor Relations, for holders who need the company’s stated point of contact before the June 15 record date or the June 30 payment.
