Gray Television is a television broadcast company. As of Dec 31 2011, Co. owned 36 television stations serving 30 television markets. 17 of Co.'s stations are affiliated with the CBS Network owned by CBS Inc., 10 are affiliated with the NBC Network owned by National Broadcasting Company, Inc., eight are affiliated with the ABC Network owned by American Broadcasting Company (ABC), and one is affiliated with the FOX Network owned by the FOX Broadcasting Company (FOX). In addition to its primary channels that it broadcasts from its television stations, as of Dec 31 2011, Co. broadcasted 40 secondary channels including one affiliated with ABC, and four affiliated with FOX. The GTN.A stock yearly return is shown above.
The yearly return on the GTN.A stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2015 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the GTN.A annual return calculation with any dividends reinvested as applicable (on ex-dates).
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