Gray Television, Inc. Announces Declaration of Dividend
May 02 2007 - 6:58PM
PR Newswire (US)
ATLANTA, May 2 /PRNewswire-FirstCall/ -- Gray Television, Inc.
(NYSE: GTN; GTN.A) announced that its Board of Directors has
declared a dividend of $.03 per share, payable on June 29, 2007, to
stockholders of record of its Common Stock and Class A Common Stock
on June 15, 2007. This is the 40th consecutive year that Gray has
paid a common stock cash dividend. 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 39 digital second channels including 1 ABC,
5 Fox, 8 CW and 16 MyNetworkTV affiliates plus 7 local news/weather
channels and 2 "independent" channels in certain of its existing
markets. Gray intends to start one additional digital local weather
channel in one of its markets during 2007. 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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