Gray Television, Inc. Announces Declaration of Dividend
June 04 2008 - 4:22PM
PR Newswire (US)
ATLANTA, June 4 /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
July 25, 2008, to stockholders of record of its Common Stock and
Class A Common Stock on June 25, 2008. This is the 41st consecutive
year that Gray has paid a common stock cash dividend. Also, Gray
held its annual shareholder meeting on June 4, 2008. At that
meeting, Gray's shareholders approved the election of all its
nominated directors. 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 Officer,
+1-404-504-9828, both of Gray Television, Inc. Web site:
http://www.gray.tv/
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