Gray Television, Inc. Announces Declaration of Dividend
August 20 2008 - 3:04PM
PR Newswire (US)
ATLANTA, Aug. 20 /PRNewswire-FirstCall/ -- Gray Television, Inc.
(NYSE: GTNNYSE:andNYSE:GTN.A) announced today that its Board of
Directors has declared a dividend of $.03 per share, payable on
October 15, 2008, to stockholders of record of its Common Stock and
Class A Common Stock on September 15, 2008. This is the 41st
consecutive year that Gray has paid a common stock cash dividend.
Gray's Board of Directors also declared the quarterly dividend
payable on October 15, 2008, to stockholders of record of its
Series D Perpetual Preferred Stock on October 1, 2008. Gray
Television, Inc. is a television broadcast company headquartered in
Atlanta, GA. Gray currently operates 36 television stations serving
30 markets. Each of the stations are affiliated with either CBS (17
stations), NBC (10 stations), ABC (8 stations) or FOX (1 station).
In addition, Gray currently operates 40 digital second channels
including 1 ABC, 5 Fox, 8 CW and 16 MyNetworkTV affiliates plus 8
local news/weather channels and 2 "independent" channels in certain
of its existing markets. DATASOURCE: Gray Television, Inc. CONTACT:
Bob Prather, President, +1-404-266-8333, or Jim Ryan, Chief
Financial, +1-404-504-9828, both of Gray Television, Inc. Web site:
http://www.gray.tv/
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