ATLANTA, Aug. 20 GA-Gray-TV-dividend
ATLANTA, Aug. 20 /PRNewswire-FirstCall/ -- Gray Television, Inc. (NYSE:
GTN and 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.
SOURCE Gray Television, Inc.