TEGNA Inc. (NYSE:TGNA) declared quarterly dividend of $ 0.07 per share, or $ 0.28 annualized.
The dividend will be payable on October 1, 2020, to stockholders of record on September 4, 2020, with an ex-dividend date of September 3, 2020.
Dividends History
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Recent Earnings Announcement
TEGNA Inc. unwinded income for the first quarter of $ 0.43 per share, from the revenue of $ 684.19 million. The quarterly earnings boosted 48.28 percent while revenues grew 33.73 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.38 per share from $ 679.32 million in revenue. The bottom line results beat street analysts by $ 0.05 or 13.16 percent, at the same time, top line results outshined analysts by $ 4.87 million or 0.72 percent.
Stock Performance
According to the previous trading day, closing price of TGNA was $ 11.69, representing a 21.64 % increase from the 52 week low of $ 9.61 and a 36.16 % decrease over the 52 week high of $ 18.31.
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The company has a market capital of $ 2.54 billion and is part of the Consumer Cyclical sector and Broadcasting – TV industry.
TEGNA Inc. operates as a media company in the United States. The company operates television stations and radio stations that deliver television programming and digital content.
