TEGNA Inc. (NYSE:TGNA) will begin trading ex-dividend on December 10, 2020. The quarterly dividend payment of $ 0.07 per share is scheduled to be paid on January 4, 2021. The dividend yield based on the latest trading day closing price was 1.90 percent. Shareholders who purchased TGNA shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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TEGNA Inc. recently reported second quarter financial results on August 10, 2020, before market open, media and digital firm communicated income for the second quarter of $ 0.12 per share, from the revenue of $ 577.63 million. The quarterly earnings reduced 65.71 percent while revenues expanded 7.58 percent compared with the same quarter last year. The consensus estimates are $ 577.12 million in revenue The top line results outshined analysts by $ 0.51 million or 0.09 percent.
Stock Performance
Shares of TEGNA Inc. traded low $ -0.03 or -0.20 percent on Tuesday, reaching $ 14.73 with volume of 955.80 thousand shares. TEGNA Inc. has traded high as $ 14.87 and has cracked $ 14.61 on the downward trend
According to the previous trading day, closing price of $ 14.73, representing a 53.59 % increase from the 52 week low of $ 9.61 and a 19.39 % decrease over the 52 week high of $ 18.31.
The company has a market capital of $ 3.23 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.
