TEGNA Inc. (NYSE:TGNA) announced a quarterly dividend on Tuesday, October 22nd, Zacks reports. Investors of record on Friday, December 6th will be paid a dividend of 0.07 per share on Thursday, January 2nd. This represents a $0.28 annualized dividend and a dividend yield of 1.87%. The ex-dividend date is Thursday, December 5th.
NYSE TGNA opened at $15.01 on Wednesday. The stock has a market capitalization of $3.33 billion, a P/E ratio of 8.20, a P/E/G ratio of 1.27 and a beta of 1.43. The business has a 50 day simple moving average of $15.38 and a 200 day simple moving average of $15.18. The company has a debt-to-equity ratio of 2.81, a current ratio of 1.73 and a quick ratio of 1.73. TEGNA has a one year low of $10.24 and a one year high of $16.58.
TEGNA (NYSE:TGNA) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.27 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.27. The firm had revenue of $551.86 million for the quarter, compared to analyst estimates of $540.52 million. TEGNA had a return on equity of 24.84% and a net margin of 16.15%. The company’s revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.40 earnings per share. Equities analysts expect that TEGNA will post 1.2 earnings per share for the current year.
TEGNA Inc, a media company, provides broadcast advertising and marketing products and services for businesses. The company operates 47 television stations in 39 markets of the United States that produce local programming, such as news, sports, and entertainment. It offers local and national non-political advertising; political advertising; production of programming from third parties; production of advertising materials; and digital marketing services, as well as advertising services on the stations' Websites, tablets, and mobile products.
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